Here’s my argument as to why I think all “existing holders” should cooperate and not sell a cent and MUST take up entitlement offer:
1. We will not be taken advantage of by day traders
2. We will not be taken advantage of by fundies hunting for a bargain
3. We will not be taken advantage of by people who have made billions from afterpay, 1000x profit LTR, 100x AXE, 100x PUR, 100x TPW, 100x PPK, 50x RAC, 50x BET, 50x DEG. I can go on name another 100 stocks etc. Most of these now multi billion dollar companies that in the case of LTR only a 1 million market cap just 5 years ago. 0.001% of their profits can buy out RAN the whole company yet reduce their risk free of charge bc they are diversifying. RAN only 3m market cap at 0.008!!! Don’t forget the crypto profits that can eat RAN up too. The lower RAN goes, the less the supply. 200k turnover today might be a lot for RAN holders, but it’s nothing for the outside world!
4. Our average cost will be around 1c anyway. We will not throw away our opportunity 99.5% down despite some short term pain. I believe RAN can 1000x too. And way SOONER than you may realize.
5. Think of being an existing holder and the chance to buy more at 0.008 as an invaluable privilege. Don’t let anyone take away your treasure. Treat this opportunity like Gamespot and stick it up to outsiders. Treat the stock like a bitcoin when it was 1c.
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