After the raise RHY will have about $8M in the bank with a market cap of $12-$16M (at 6-8c)
The questions to ask are:
1. Is there a high probability of success?
2. If successful is the market big enough to make it 10x?
Ann: Appendix 4C - quarterly, page-4
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Last
6.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.16M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 547 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.4¢ | 13583 | 2 |
View Market Depth
| Last trade - 12.24pm 18/07/2024 (20 minute delay) ? |
| RHY (ASX) Chart |
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