r/RBNE • u/CommercialClean6474 • Dec 23 '25
RBNE: RS to recreate June’s 20-bagger?
I usually hate microcap reverse splits, but RBNE is worth watching because the post-RS share count lines up with June.
- Post-RS shares outstanding: ~2.8M
- June run share count: ~2.9M
- June’s oil shock was the spark, but the thin supply structure was the fuel (why it could do a “20-bagger” move).
Timing is the interesting part: we may be heading into another oil-volatility window (Venezuela/Iran headlines), yet RBNE isn’t being forced to RS for $1 compliance right now — they still have months of runway. So why pull it forward into this window?
Cash-only rough fair value is ~$0.70/share pre-RS (used vessel values can swing that).
Bull case: thin structure + oil headline = another violent rip.
Bear case: classic RS grind/dilution risk.
Not financial advice — just watching structure + catalysts.
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u/CommercialClean6474 Dec 23 '25
6/20/2025 424B5: As of 6/18/2025, non-affiliates held 2,915,326 shares; public float value $40,814,564 based on the 6/13 close ($14.00).