Australia's largest stock trading and investment forum Australia's #1 stock forum

RHY

Click for more information

0.00%

5.8¢ rhythm biosciences limited

Future Announcements, page-23

First 23 Last

Share
Profile

Follow
Ozibobby

920 Posts.

277

15/03/24

14:03

Post #: 72906080
Share

Originally posted by josiejow37: ↑

The stock price was 60 cents after the failed TGA application in Feb last year, then 40-50 cents while the Board commenced a review process, it was then 15-20 cents in Nov last year, at a time when the company was under scrutiny over their reporting obligations in regard to the TGA application. In summary, a lot of doom and gloom to say the least!

Since then, the Board released a well thought through Strategic Plan (Dec), and commenced a capital raise to fund it, (ending today). And so, not surprisingly, we currently see the price at 10 cents in line with the raise price. IMHO it won't take much to propel the price back to at least 20 cents... and there is certainly a good news to be announced regarding a new CEO in the near term, and test improvements/validation in the medium term.

Expand

20 cents or bust I would say !!!
The Board by your summary have really done a fantastic job I don’t think!!!

RHY Price at posting: 9.5¢ Sentiment: Sell Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

M4M

Macro Metals picks up 80% in Firebird's manganese plays; mining services operations to launch if decision to mine passed

ITM

iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

ARU

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

Pilot Energy awarded $6.5M in govt funding for Mid West Clean Energy Project

DTM

Dart on-target for high-grade structures and multiple reefs at VIC's Rushworth

There are more pages in this discussion • 15 more messages in this thread...

First 23 Last

Add RHY (ASX) to my watchlist

(20min delay)
Last 5.8¢		Change 0.000(0.00%)		Mkt cap ! $14.41M

Open	High	Low	Value	Volume
5.9¢	5.9¢	5.8¢	$7.146K	122.9K

Buyers (Bids)

No.	Vol.	Price($)
3	149381	5.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.9¢	48450	1

View Market Depth

No.	Vol.	Price($)
3	149381	0.058
1	10000	0.057
3	31855	0.056
1	54545	0.055
1	150000	0.052

Price($)	Vol.	No.
0.059	48450	1
0.061	267678	1
0.066	79998	1
0.070	415394	3
0.071	150525	1

Last trade - 16.10pm 23/07/2024 (20 minute delay)

RHY (ASX) Chart

SPONSORED BY