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0.6¢ range international limited

Turns out I have a mate who used to work at FNQ Plastics. From...

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thermoelectric

67 Posts.

8

06/08/21

10:50

Post #: 55078783
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Originally posted by jimbosaul: ↑

good reseach Desg.Survivor. if they had a good order book and operating profitably that's good. it would be the 1st logical question RAN mgmt would ask, wouldnt it. so makes sense. wonder why FNQ went broke tho. Again its plastics. that still is a worry. same industry.

overall i think this new move is good. hope the new increased overheads dont drag on the cashflow tho. im expecting an influx of capital from it to fund operations. still need big orders for pallets from MNC's.

this thing has huge upside potential. at 1c, its a 100 bagger if it gets to $1. but can it survive the time period to get there. could easily also go out of business. that's the risk. insto's wont risk it now. they dont like losing.

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Turns out I have a mate who used to work at FNQ Plastics. From what I can gather, they had plenty of customers and what not however management was not quite as good as they could have been.

They did a fair bit of CNC work for signwriters, and those signwriters started getting their own CNC machines so they didn't have to deal with management.

This is just what I've heard through the grapevine, so don't take it as gospel.

RAN Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
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