Ann: Appendix 4C - quarterly, page-39

I’d like to think that most of us would spare a thought or two for those that purchased at or near the IPO price. Based on the “back to basics” implementation, many who have had faith in Darby and the product, have chosen to average down. At its double bottom (or was it a triple?), it presented a few with a bargain last week, whether or not the SP holds without news of increased sales, time will tell. The gap and resistance above 10c is the next target for me, but I dare say RAN will need further positive news of its transition for others to invest, else it becomes a plaything for day traders. As you’ve highlighted, the cash runway has been improved well into 2019, supplemented by growing sales (and some further cost reductions?) should hold RAN in good stead.