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15:49
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Originally posted by naive lamb
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RNO has achieved a lot in the last 12 months. It has multiple products out, it has interest from major UK and US funds that normally don't look at this size of company. It has big time employees who took a substantial pay cut to come on board - with all their contacts. Will the products sell? that is the unanswered question .... but they has every chance - and if it does - it wont be a $10m mc company any more. Mac - all due respect but the last management (read fabio) was amongst the worst I have ever seen. The current management is doing a good job - they are very competent and not prepared to ramp the stock - as they know the only way to achieve long term success, is to actually build the fundamentals. I like the odds, the management and the potential return if the products sell. You don't make a lot of money without taking some risk - and I think that the risk level is very acceptable for the size of the returns if it works.
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I hope Mute is in major pharmacies across Australia (and overseas) asap. This needs to be backed up by a finally tuned ad and promotional campaign, of course.
