RXH
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0.00% 2.9¢ rewardle holdings limited

cash burn

  1. qinjun88
    3,462 Posts.
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    16/12/15
    17:38
    Post #: 16629095
    July quarterly cash 4.8M, Oct Quarterly cash 3.1M.
    cash burn rate is 1.8M per quarter, Dec quarterly cash will be around 1.3M. CR again very soon. RXH might be going well in future, but in short term, it's not a cash cow, but a machine of burning cash.
    RXH Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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