RNO 0.00% 4.0¢ rhinomed limited

LuckyI think higher!!I did some research.A similar announcement...

  1. 109 Posts.
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    Lucky

    I think higher!!

    I did some research.

    A similar announcement on 11 August 2021 made the share price go from 0.20c and close on 0.40c for the day. This was for a deal worth $1M in revenue.

    This deal is 18 times larger, at $18M revenue over 2 years.

    It could nudge 0.50c, even 0.60c.
    [0.40c has been resistance for a few years]

    Another big order/deal and it could have a market cap of $250M (or a price tag of $1.00).
 
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