RNO 0.00% 4.0¢ rhinomed limited

Ann: Quarterly Activities Report and Appendix 4C-RNO.AX, page-4

  1. 10 Posts.
    So we've had an entire quarter worth of Boots sales and it would appear sales for Q3 have decreased to 190k from 254k for Q2. They like to highlight their sales figures when they have increased compared to previous quarters whereas in this report it was only stated on line 1.1 of the cash flow statement. I've only had a very brief look but I don't see sales figures mentioned anywhere else.

    It is good to see deals going ahead in the US and I understand that it does take time to roll these products out and build awareness in the market, but I really would have liked to have seen some sales growth, or at the very least hold steady, this quarter in relation to the Boots rollout.

    More information is needed from the directors in regards to the Mute product uptake in the UK and a breakdown of sales by product and country is also needed.
 
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