RHY 4.76% 6.0¢ rhythm biosciences limited

Ann: Trading Halt, page-18

  1. 280 Posts.
    lightbulb Created with Sketch. 95
    Underwriting could well be the case. I would see such a manoeuvre as a committed endorsement from OB, or whoever were to take on such a financial responsibility.

    Not sure how one can have their 'snout in the trough' and at the same time supply a personal multi million dollar guarantee?

    Any person or entity willing to underwrite a capital raising deserves to sit on the Board uninhibited by a rogue disgruntled conglomerate of already very wealthy people with a $30,000 combined investment in the company.

    The upcoming meeting is a mere formality, the board already know OB has enough support IMHO.
 
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