RHY 0.00% 10.0¢ rhythm biosciences limited

Ann: Appendix 4C, page-6

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  1. 240 Posts.
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    I have had RHY on my watchlist as if they can pull this off,before anyone else, the potential profits are enormous.
    However I was a little concerned about the 4C in view of an interview TL did with Alan Kohler a day later. TL mentioned monthly cash spend is in the region of $200-250k per month and yet we have a 4C here saying the cash spend for this quarter will be $1.8M. What gives? I will stay on the sidelines for now with the escrow announcement not helping too. As far as I can see monthly share trades are about 2-3M so just under 10M of shares to be out of escrow is a sizeable amount
 
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