Management has proven themselves very capable over a long...

  1. 182 Posts.
    lightbulb Created with Sketch. 12
    Management has proven themselves very capable over a long period, however, they now find themselves the smallest of fish in a pond of much bigger and very hungry fish. To keep competitive they have had to increase debt substantially. They may very well be about to jump over the retaining wall back into the safety of the river. I trust that they have weighed this opportunity up well and have decided that this is the best way forward and they have seen the opportunity to now take advantage of a niche that looks the most promising for future growth , and that without carrying burdensome debt. They may emerge smaller but much more nimble as well as having a product that they can put all their energies and experience into growing. I think their track record warrants my remaining a share holder.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
53.5¢
Change
0.015(2.88%)
Mkt cap ! $60.61M
Open High Low Value Volume
53.0¢ 53.5¢ 51.5¢ $37.33K 70.70K

Buyers (Bids)

No. Vol. Price($)
1 500 53.0¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 950 1
View Market Depth
Last trade - 16.10pm 31/07/2025 (20 minute delay) ?
RKN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.