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BUZZ - Shares of Australia-based Range International surge after receiving first orders from Indonesian clients

BUZZ - Shares of Australia-based Range International surge after receiving first orders from Indonesian clients

路透社路透社2026/10/30 03:55
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- ** Shares of Australia's Range International (RAN.AX) rose as much as 5.2% to AUD 0.10, reaching the highest level since October 6

** The plastic pallet manufacturer (link) received an order from an Indonesian state-owned enterprise to supply 500 "zero waste" Re>Pal pallets

** Previously, the company had indicated that the customer might purchase 35,000 pallets

** The company announced that the initial order of 500 pallets will be immediately put into production, delivered, and payment completed

** Added that this proposed order for 35,000 pallets alone would be more than triple its record pallet sales for the 2025 fiscal year

** Trading volume exceeded 59,000 shares, about 3.3 times the 30-day average trading volume

** Share price has fallen 66.7% year-to-date


(To facilitate non-native English speakers, Reuters provides automated translations of its reports into several other languages. As automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of the automated translation text, which is provided for reader convenience only. Reuters accepts no responsibility for any damage or loss caused by the use of the automated translation feature.)

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