RHY
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5.97% 6.3¢ rhythm biosciences limited

Been watching Rhythm from the sidelines for a while after my...

  1. WickedWheels
    455 Posts.
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    30/11/21
    12:53
    Post #: 57961092
    Been watching Rhythm from the sidelines for a while after my friend gave me a tip. Now it is Approved in Europe, i will have to look at getting in. Whats stopping me of jumping right in is the fact Rhythm only had $5mil in Bank at end of Sept Qtr. leading me to believe there will be a substantial cap raise by March'22 in order to accelerate the roll out of the new approved product. Anyone agree?
    IMO $5mil will not get you far in terms of marketing/roll out costs at all.
    DYOR
    RHY Price at posting: $2.00 Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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