For some reason the market is not convinced with all these distribution agreements.
The sp remains well down on the cap raising price. Wonder why???
Maybe its because RNO needs to sell many millions of units each year in order to stay alive.
Did anyone read last weeks global announcements from Resmed regarding their new product range and research on sleep problems, heart attacks and solutions? Its an eye opener. This multi million dollar capitalised company is RNO's competitor.
RNO Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held