Ann: Appendix 4C - Dec Q 18, page-24

Pretty much already replied. No Quarterly Activities in 6 months. Looks like RFN in maintenance mode looking for an acquisition...
I will keep buying next few weeks.

Why? Simple; 
Loyyal now has heavy hitter investment from Japan and Dubai as of late Jan.
Will try find out about Recruit Holdings recent stake in Loyyal (After Japan IP's announced) and their plan - Unsure if it was 7 figure but assume so as the fund used was a $43M USD fund setup for high tech growth.. One of many under Recruit Holdings who are a multi billion dollar firm. 
DYOR here. 

RFN at least have a minority stake in Loyyal that is active in market... For me that has de-risked current market cap as the fair value of investment was still A$3.2M so with cash and market cap it is less than this....Plus shell value etc, some value to Wooboard and cash and hence why I buy more.... 

Historically shells perform well on news of acquisition..... even if market is crap its still got upside. 
Its also being capped now for whatever reason so seems like someone is accumulating.

Happy to keep picking up in this range..