Interesting to see the magic words "Company profitability in FY24" - haa RLG finally turned the corner here?
As far as I can tell, they are acquiring AU Life's 12 month sales pipeline by issuing 40m RLG shares (assuming the profit target is met). This new "Tier 1" store launch also sounds interesting - I guess more to come on this in the future.
All IMO and GLTAH.
Ann: RLG Signs Binding Term Sheet for China Sales, page-2
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| RLG (ASX) Chart |