RNO 0.00% 4.0¢ rhinomed limited

Ann: Rhinomed operational review, page-2

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  1. 2,747 Posts.
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    Michael, are you on HotCopper? what.png

    "a reduction in headcount,
    ● a reduction in marketing expenditure for FY24,
    ● a change to its marketing resource providers,
    ● a reduction in board and management remuneration"

    I only ask cause these are pretty much the problems I mentioned recently with the balance sheet. Great to see rather than a CR at 3 cents frown.png

    Also;
    "Rhinomed will seek to achieve cash flow breakeven in the second half of FY24"

    A little late but very much needed.
    GLTAH.
 
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