RSH 0.00% 2.9¢ respiri limited

Ann: Response to ASX Query, page-4

  1. 331 Posts.
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    "Before RSH can achieve breakeven, it is reliant upon the raising of new equity capital.

    RSH expects it will need to raise (i) AU$1.3 million this calendar year and (ii) AU$2.5m in the next 12
    months.

    The company is presently in discussions with a number of potential investors and is confident that it will
    be able to meet its capital requirements. However as at today’s date, these discussions are incomplete
    and the company is not in a position to provide further details."

    I am glad they are confident, because I am sure not as confident
 
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