RNO 0.00% 4.0¢ rhinomed limited

re: Ann: Change of Director's Interest No... What a disaster....

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  1. 4,863 Posts.
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    re: Ann: Change of Director's Interest No... What a disaster. Sales at 3.3c on rising volume.

    The stock is no doubt being dumped by those sophisticated investors who were not very sophisticated in their buying decision.

    So Morgans tells then that RNO is worth 8cents yet they do not appear to be believers as they dump taking massive losses.

    RNO management has been very quiet now that the capital raising and director options issue has been done. Who is looking after us LT investors?

    53 sellers with 8 million on offer. The buy side... well says it all with sp about to crash below 3c based upon my chart and only 12 buyers.

    My sentiment has altered.
 
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