RNO 0.00% 4.0¢ rhinomed limited

Well blow me down another cap raise. Who would have guessed that...

  1. 27 Posts.
    Well blow me down another cap raise. Who would have guessed that was the reason for the recent share trading pattern. I guess the audited financials gave it away with the cash burn in the fourth quarter and the $3.5 mil loss for 2014.
    It will be interesting to see if the shareholders get offered a position or if Morgans will book build it again.
    I wonder how many bonus oppies the Directors will give themselves this year - another 10mil or maybe because we have had such a wonderful year 20mil or or or......!!!
    Obviously sales are not keeping up with the current spend and it will be interesting to see the next quarterly.
 
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