$2.5M as at end of March 2014. Sales were $9k as at end of March 2014. Neither of these two figures have been updated to market by RNO. I would suggest that, RNO is still heavily reliant on R&D and prev cap raising funds at this stage.
All valuations to date have lacked any detailed substance as to why that particular value should be placed on the company stock.
RNO Price at posting:
3.5¢ Sentiment: None Disclosure: Held
