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    RNE   AU000000RNE2

RENU ENERGY LIMITED

(RNE)
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Enosi Australia Pty Ltd announced that it expects to receive funding from ReNu Energy Limited

09/10/2021 EST

Enosi Australia Pty Ltd announced that it will receive funding in an equity round on September 10, 2021. The company has entered into a subscription agreement with ReNu Energy Limited to receive gross proceeds of AUD 500,000. The investment by ReNu Energy Limited will be completed in two equal tranches. The first tranche is expected to close in September 2021 and the second tranche is expected to close on November 30, 2021. On closing, the investor will hold 6.1% stake in the company.


© S&P Capital IQ 2021
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Financials
Sales 2021 - - -
Net income 2021 -1,00 M -0,72 M -0,72 M
Net cash 2021 2,35 M 1,69 M 1,69 M
P/E ratio 2021 -6,37x
Yield 2021 -
Capitalization 15,8 M 11,4 M 11,3 M
EV / Sales 2020 -3,25x
EV / Sales 2021 -
Nbr of Employees -
Free-Float -
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Managers and Directors
Greg Watson Chief Executive Officer & Secretary
Boyd White Non-Executive Chairman
Tony Louka Non-Executive Director
Tim Scholefield Executive Director
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