Ann: Quarterly Activities Report & Appendix 4C, page-7

It is best to be slightly cynical with cash strapped minnows

However many more exceptions exist - c. twenty entities exist on the ASX from Israel. eg SAS, WBT, MMJ, HMD, DTZ, SBW, ELS, MXC, GMV, SMX etc.

The vast majority have market caps of $20m, $30m, $50m plus.

One or two are failing - par for the course with any micro-market.

Nevertheless, approx. 20 ASX entities are listed here, yet are located in israel with some having tremendous success - another one is AKP valued at over AUS$500 million.

ROO is no ring in, but I believe it does tick a few boxes at this end of the market for potential gains in the months ahead.

Of course, the ultimate success rate for ROO is indicated by its current market value.

ROO is most certainly not for the faint-hearted.