RNO 0.00% 4.0¢ rhinomed limited

The Negatives: yes, where is the hockey stick?delays on intended...

  1. 929 Posts.
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    The Negatives:
    • yes, where is the hockey stick?
    • delays on intended timelines re announcements

    The positives:
    • The 2.7m options/shares are in safe hands - JMB
    • MJ converts 300,000 options @ $0.287 (approx $86k paid by JMB)
    • Maybe MJ has $86k to put towards converting some options in the future
    • RD also converted 3m options
    • RNO received $1.722m prior to 31/12/21
    • As a result the Cash Balance looked better in the quarterly
    • The quarterly touches on money due from AR in March qtr
    • That buys some time for more things to fall into place.
    • They haven't touched the standby credit facility yet

    I look forward to the day when there is less innovation such as this and more results that speak for themselves.
 
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