RAN 0.00% 0.6¢ range international limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-37

  1. 222 Posts.
    lightbulb Created with Sketch. 14
    sorry, feel a bit of a numpty asking this but can anyone tell me why we still in a trading halt? its now been that long my logic seems to be failing me.

    the halt was initially requested pending the ito audit. this has since been made public. separately we have alao provided the asx assurances in a thousand different ways we are still solvent.

    why then has the halt not been lifted? (not that i am saying i want it lifted expect the 0.05 pittance would become even more of a pittance, that is if anyone would buy)

    in the meantime, and i guess this is my main point, given we have not heard anything can we assume that with only 2 cents in the bank that to the extent operations are continuing then they must be doing so on a largely cash flow positive basis, otherwise ran would have been forced to raise the white flag?

    ..... or am i just searching for a positive where there likely isnt one?
 
watchlist Created with Sketch. Add RAN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.