Share Name Share Symbol Market Type Share ISIN Share Description
Renova Energy LSE:RVA London Ordinary Share GB00B08X3H85 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 2.75p 0.00p 0.00p - - - 0 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Unknown - - - - 0.90

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Date Time Title Posts
28/8/201016:45RVA Charts9
22/6/200802:34Ethanol - tomorrows fuel here today -it's coming your way1,044
13/9/200619:53rva anpther new3 one337

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Renova Energy Daily Update: Renova Energy is listed in the Unknown sector of the London Stock Exchange with ticker RVA. The last closing price for Renova Energy was 2.75p.
Renova Energy has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 32,657,757 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Renova Energy is £898,088.32.
j5ack5k: I emailed Chris Thomas about a week ago with this question (rest of q&a on RVA iii thread): What in your view, is the reason for the decline in share price over the last month, and do you still intend to buy back shares as hinted at in previous communications? and he said this: "It is difficult to pinpoint exactly why the share price has fallen recently. The initial fall back in April 2007 was due to one of our largest institutional shareholders selling their entire holding (at a significant discount to the share price at the time). The price, of course, immediately came back to this price. Since then the share price has continued on a downward trend on very low volumes. There is, it has to be said, a fair amount of negative opinion doing the rounds at the moment about the bio-fuel industry in general and, in particular, its impact on food prices through higher corn/wheat prices and this must be having an impact on market perception and, therefore, our share price. Higher corn prices have reduced ethanol production margins compared to 2006, but this has to be kept in context – our production margins now are still higher than they were two, five or ten years ago. On the issue of share buy-backs – it is something that we are still considering even though it would be unusual for a company of our size to do so" So nothing definite really...
masurenguy: Results positive and show good progress. This should boost the share price BUT market sentiment does not currently favour biofuels so this may hold it back !
nickcduk: I was going to pick some up at 74.5p earlier but I didn't think that many people actually watched working lunch to make a difference to the share price. Ive been happily proven wrong though. It must have been a pretty bullish piece to have got so many investors out of their armchairs. Anyone have a jist of what was said?
davius: Sub 70p? Heading out over 80p by the look of it. But it does seem that the buys are small and look to be mostly private investors on the back of the Working Lunch report. The share price has been at its lowest level since floatation though, so if they are predominantly private investors getting in for the longer term they are at least doing so at a low price.
codroy: Click here for related discussions codroy - 05 May'07 - 13:40 View 'codroy' profile edit has papalpower hoodwinked the whole board on this distarous stock, i mean he is still trying to ramp this stock after a fall from 70p to 17p, not only pele but a host of other stock, I for one would not touch any of his tips even with your money?????? best of luck to all who hold you will need it teapreacher - 13 May'07 - 23:52 - 40 of 42 Soon he will have under his control threads on every board - from iii to fillyaboots to tim to Sharecrazy to Sharesforum to ADVFN to Munnyam and gawd alone knows where else - on every stock on AIM. Resistance is futile. Surrender to the Power:-) codroy - 14 May'07 - 00:08 - 41 of 42 edit this is what analpower is all about, perfectly summed by the poster on tim well done informer pele thread on tim Posted by: the_informer2006 on 13/05/07 at 10:48 PM Rarely post here but i thought i would make an exception on this occasion. I took the time to visit a few different sites this weekend and seem to find the author of this thread on all of them. The most recent post here from this poster calling doom and gloom is quite ironic when you read some of the other threads where he posts. Clearly a lot of games being played here by this person, and shall stay well away from any of his threads in the future as the poster has clearly got an agenda otherwise would not spend this amount of time starting threads all over the world wide web pumping them one month and then doom and gloom the next. I also cannot understand why someone would wish them lower if they have an interest in the shares as if the prospects are as good as they claim, the share price will eventually rise and it will not matter if you get them a few pence cheaper here or there. The same poster appears to have been ultra positive all they way down from 70p when they were Tag.
myopia: perhaps all the directors are on holiday and haven't noticed the share price has bombed, hence no announcement.
opmoc: Since this thread was started the share price has fallen from over 260 to 85. As the company is quoted on the LSE, presumably this has resulted in a capital transfer from the UK to the USA. So perhaps the USA aren't quite as insane, as their policy of converting petroleum energy to ethanol energy and throwing most of the energy away in the process indicates. Maybe its deliberate, to push up the price of food, and ruin soil, and result in a reduction of human population. Check out Second Harvest. Tony
masurenguy: Question is why - aswell as who ! The share price is now back to their AIM placing price two years ago so either the seller bought then and has now made just a 5% inflation adjusted loss or they bought later and have taken a real bath. We need to have some comment from the company ! Edit: share price is now down 26.5% at 80p.
masurenguy: Well 2.27m is 7% of the total number of shares in issue so, unless it is an overseas holder, there should be an RNS in due course. At 80p the selling price was 27% below the bid and some small sells made earlier in the day. Given the size of the transaction I would assume that it was either an institution or a corporate entity. Must have been anxious to make the disposal to do it in one large trade and take a 27% hit to boot. At the bid of 110p the transaction would have been worth nearly £2.5m. At 80p it was worth just over £1.8m so a discount of nearly £700K is a big hit ! Do they know something that we don't yet know and have consequently decided to bail ? It is always possible but then it is only 6 weeks since two directors bought at 100p and they would certainly have known how the March 31st year end was shaping up at that stage. Of cousre the seller may have needed to sell for reasons unconnected with RVA. This transaction went through about 45 minutes before the market close and the share price was only marked down by 4.5%. The small share price mark down today is encouraging but we will have to wait and see what transpires over the next couple of days to obtain a better perspective on this substantial transaction !
wiganer: No. Seems on the face of it a worrying development, BUT I do recall that on BRST there were some huge trades at 8p, when the share price was about 12p, and shortly thereafter the price went on a 100% run in a few weeks, so you can't always be sure...
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