The company finally is crawling before walking. The instos lost massive $$$ when sp hit the low below 10c, can anyone believe that RAN was a $1+ share 12 months ago. Since us retail investors don't have any quarterly targets to meet, we can afford to hang onto them as long as sp moves above 50c.
When sp hit the single digit, I only bought 10000 shares for a punt with 50c target within next 2 years. At IPO, to buy 10000 shares you had to pay $10000. Today you only need to pay $680 for 10000 shares. Thanks to deserting instoes such as CBA.
Well... Looking at todays announcement, 50c is definitely a possiblility... If the company explores into other bigger markets, a full recovery to $1 might be even possible within next 2 years. That's not a bad return at all. All in my opinion.
I saw a RAN pallet in the loading dock in my office building, what an outstanding product. Not comparable to the traditional wooden pallets. Almost fell in love with the pallet.
RAN Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
(20min delay)