RNO
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0.00% 4.0¢ rhinomed limited

Is my maths wrong or is Scotts. RNO announcement clearly states...

  1. danlanz
    356 Posts.
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    03/09/15
    09:52
    Post #: 15926258
    Is my maths wrong or is Scotts. RNO announcement clearly states 3.9 million 3 pack units ( to be produced) at $29.95 as opposed to Scotts 3.9 Million x individual pieces at $10 each.

    Maybe Scott should increase his price 3 fold to 21 cents.

    Of course it all depends on margins and also whether the 3.9 Million units sell. On the upside also is further deals and capacity upgrades via US and Asia. Maybe the terms of the deals are cash up front which may offset capital raising needs.
    RNO Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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