RXH
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0.00% 2.9¢ rewardle holdings limited

cash burn, page-4

  1. Banker
    17,940 Posts.
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    16/12/15
    21:27
    Post #: 16630404
    I think qinjun88 did exactly that. He's stated the speed of the cash burn from his evidence of the Quarterly reports. He's saying that's likely that a cash raise is close as why would you wait until you have absolutely no cash before you ask the market for some.

    That strategy sounds risky.
    RXH Price at posting: 19.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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