great signs for me:
1) fund accumulating smart to 2.1m without pushing up price, they are all over this clearly..and accumulating in a period that hasn't had a "massive" piece of news..so they are setting up for the future. and identified this opportunity early
2) new exec, good creds from MDI and CSL prior. w/ sound ability displayed in commercialisation. should have those relationships worldwide to help get colostat out there and quickly.
3) aligned interests - options for new COO are @ .20 and Lockett @ .30, so a large part of their potential compensation (read: exponential compensation if RHY delivers) comes from achieving SP above 20c and 30c respectively. New COO would have done his DD for sure before leaving MVP:ASX for 20c options with RHY...he must love what he sees
commercialism team is here!
this will be one to keep your thumb on...
RHY Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held