RNO 0.00% 4.0¢ rhinomed limited

My thoughts .. Why would it not be likely? It's a start up...

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  1. 5,097 Posts.
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    My thoughts .. Why would it not be likely? It's a start up technology being pushed by a low cash holding company trying to grow product share in a storefront retail market. I don't understand how anyone can look at this stock and not think it will need more cash. ie staff to get paid, products manufactured and promoted.. takes a whole lot of coin.

    The question will be how do they raise it. Direct placement to mates is the cheap option.. (unfortunately dilutes equity we hold), going to us is the expensive way and more likely to depress the share price.
 
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Currently unlisted public company.

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