RNO 0.00% 4.0¢ rhinomed limited

Thoughts from other holders without any positive/negative...

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  1. 1,193 Posts.
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    Thoughts from other holders without any positive/negative spin?

    Things that appear good to me are sales/revenue still increasing, re-orders from customers, increased foot-print and large share holders continuing to increase their holdings.

    Things that I want improved - cash burn to revenue is still negative and I thought by 2019/20 it would be break even/positive.

    I know it is mentioned that increased revenue is imminent (to be received) but unless received there would appear to be a CR needed during 2019? Yes they have a credit facility but to date this hasn't been used and they have tended to go to the market instead.

    I also want to see progress on the Cannabis side of things - get this moving with Columbia and everything else will fall into place nicely.

 
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Currently unlisted public company.

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