RAN 0.00% 0.6¢ range international limited

Ann: Response to ASX Query Letter, page-20

  1. 4,190 Posts.
    lightbulb Created with Sketch. 457
    Does the ITO really want to put Range out of business though?
    Would seem like a pretty stupid move from the ITO resulting in a loss of jobs and a disappointing environmental outcome for Indonesia.
    Even if the finding is adverse on the outcomes of the 2018 tax year audit, you think they would find a way to allow Range to trade through it.

    Agree the fence-paiing business was one of the worst I have seen. Just produce the products in Indonesia at a quarter of the price.

    And what ever happened to the recycled pallets going out on a 5 year rental basis, with pay back in year 2 and profit in years 3, 4 and 5? Seems to work well for Brambles once you get over the working capital hump. But Range can't seem to get it going!!
 
watchlist Created with Sketch. Add RAN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.