Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-29

The ESG requirement is another thing institutions must think about. Another reason to invest in RAN. You may argue “but RAN with MC 13m is too small for fundies to care about.” No problem. They can start entering at 100m market cap when there is more liquidity. Then buy more once it leaps an asset class to ASX 300. As I’ve said before, the more valuable RAN gets, contradictorily the cheaper RAN seems, the more it piques the interest and accessible to more investors big and small. the