RHY
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1.67% 6.1¢ rhythm biosciences limited

You’re correct it provides money to the company rather than...

  1. Ozibobby
    896 Posts.
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    24/03/24
    11:43
    Post #: 73031298
    You’re correct it provides money to the company rather than allow a shareholder to cash out.
    it doesn’t necessarily increase the share price unless it is spent wisely and can have the opposite effect of further diluting existing shareholders so depress the price.
    I see no evidence the money will be spent wisely rather just continuing to fund lifestyles of Directors and Management.
    RHY Price at posting: 9.3¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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