I just discovered RAN yesterday - the recent SP rise has given it some publicity. The impression I very from the posts is: great product, poor sales, terrible management.
The management has now been wiped clean and the founder is back; on a mission to turn this thing around and get his baby back in business.
Is it correct that costs are high but the bulk of this is fixed costs? I.e. If we get more orders the margin will substantially increase?
Why has the sp gone up recently? Were the 4c results better than expected?
Overall the impression I get is current results show the company may well not last, but likelihood is that management will improve, so the following 4C's will really show is what we need to know. Still, methinks with the MC where it's at, I'll take the risk now. Could be an easy 10 bags if all the dicks line up. If I wait six months potential changes to 0 bags or 3 bags. I'll take the punt now
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- Ann: Appendix 4C - quarterly
Ann: Appendix 4C - quarterly, page-95
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