Renergen is a small cap share that has flown below the radar for quite a while. Until this year, that is. A flurry of announcements over the past few months has seen its share price more than doubling. It has just received some results from recent gas drilling and they're good, sending its shares significantly higher again yesterday. Another exploration and development company, Orion Minerals, also rallied on the back of latest resource estimates for a copper project it has the option to acquire in the Northern Cape. Meanwhile, Kibo Energy has set the date for the listing of MAST Energy Developments, the flexible power plant subsidiary that it's floating on the London Stock Exchange. Read on for more on those stories, as well as annual results from SA Corporate Real Estate and a positive trading update from metal recycling company Insimbi. If you haven't yet had the chance, you can find the latest Magic Markets podcast by following this link. In Episode 18, The Finance Ghost and Mohammed Nalla (Moe-Knows) have a frank discussion around their different investment techniques and what does/doesn't work for them in the hope of helping listeners make better decisions with their portfolios. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect
The latest from Ingham Analytics If you want an expert take on why ViacomCBS has fallen like a stone, top international trader Andrew Kinsey gives a succinct analysis in "Isn't Tom Cruise the star of Mission Impossible?" And there are other lessons to derive, so if you are exposed to US markets take heed. This follows on neatly from "Is GameStop a bathtub drain?" and "Is this true insanity?" Check out the latest Sunday Premium Letter on the web, you'll find some useful analysis on the Hong Kong homecoming trend, among other topics. |