Range International Cuts Cash Burn 80% as Pallet Pipeline Builds
Closing price · 2026-10-27: $0.090 · +0.00%
Range International says quarterly cash burn fell 80% against its one-year quarterly average, while pallet deliveries were slightly higher than the previous quarter and rental-contract pallets rose nearly 20%. It reports a confirmed order for 17,000 pallets and several further opportunities, including a potential large order, but says pipeline orders are not confirmed; management expects fourth-quarter sales revenue to challenge, but not exceed, its FY25 record. The company has extended the closing date of its entitlement offer again, giving eligible shareholders more time to participate.