What rubbish can they conjure up to have @josiejow37 get out of his hole? Nothing worse than going to bed with knots in your stomach and waking up the same way for months and perhaps years.
General summary of where RHY stands today. They're f#$%^d.
21 March - A standard +pro rata issue (non-renounceable) A total of 41,503,306 ordinary shares and 20,751,565 accompanying options (subject to rounding) have not been issued. (This has already been accounted for in the March quarterly - $2.484 million. Bank balance as at 31 March is $1.726 million
7 May - A further 38,888,616 RHY ordinary shares and 19,444,221 accompanying options remain able to be issued (subject to rounding).
Therefore, RHY has placed a further 2,614,690 shares @ 10 cents = $261,469 to be included in June quarterly.
14 June is the closing date to participate in the Rights issue. (less than a month). Is that correct?
Going well considering the burn rate is around $2 million a quarter but wait there's more LMAO, we forgot about the RDTI. Do the maths.
Ladies and gentlemen, well may we say 'God Save the King', because nothing will save Rhythm. LMAO.
RHY Price at posting:
7.5¢ Sentiment: Sell Disclosure: Not Held
