RAN 0.00% 0.6¢ range international limited

Ann: Fully Underwritten Entitlement Offer to Raise A$3.6m, page-19

  1. 1,983 Posts.
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    Even though technically you shouldn’t bet the house on RAN. In my opinion, at current prices, deserve way more than 1% of your portfolio if you are keen. If not a keen investor, 1% of your portfolio is a good start, or a good introduction to investing. For me, if I had the free cashflow, I would take the punt and invest 50% RAN, 50% MRG. And hold for 5 years. And that’s my portfolio. I don’t sell stocks unless I am at least 20x up. That’s why I have my money stuck on many other hopeless stocks. But I’m not selling any of them to buy more RAN. Because if you sell a stock in your portfolio, your risk increases, and your opportunity decreases. But if my portfolio was an empty pallet, no pun intended, I would invest 50% RAN, 50% MRG. Then if I save more money, buy other stocks and accumulate.
 
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