RHY 0.00% 11.5¢ rhythm biosciences limited

@Wise_One you should be a bit less hasty to accuse others of...

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    @Wise_One you should be a bit less hasty to accuse others of being incompetent. If you go to the last 4C you will see that the company had $6,968,000 in cash as of the 30th September 2018 (5.5 on page 3) and that they intended to spend $1,965,000 this quarter (9.8 on page 4). Since we are near the end of the quarter the company has aproximatly $5 million left in the bank.

    If they keep spending at this rate (spending is actually likely to rise as they get into the clinical phase), then by the end of June they will only have around a million dollars left. Then what?
    Last edited by Davisite: 15/12/18
 
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