RXH 0.00% 2.9¢ rewardle holdings limited

Ann: December Quarterly Report, page-4

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  1. 4 Posts.
    Steady as she goes!!! .... I think there is an alternative reality. The Company had $789k as of 31/12 and is burning $1.4m per quarter (or around $454k per month). Given it is now Feb - cash balance is likely to be around $335k on recent cash burn. Whilst there maybe something with the R&D Tax incentive - it is not a guarantee. A sinking ship would be my view!
 
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