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8.57%

6.4¢ rhythm biosciences limited

would be nice to now hold above 20c now that we've poked head...

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redsceptre

5,039 Posts.

42

05/06/18

10:25

Post #: 33495706
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Originally posted by 88888acct ↑

Thanks, @Idfreedom,

Bigger market bigger opportunity that added $1 billion to Exacts market cap (Yes, $1 billion!!)

Also from a 'Tweeter': "EXACT Sciences (A$9.68B MC) Cologuard needs to be run off a faecal sample. Add to the cost at A$900, compared to <$100 for $RHYs ColoSTAT & it can be added to a panel of blood tests at an annual check-up without its own blood draw, ColoSTAT is likely to be a preferred test."

This why I like RHY... it has all the pillars to be successful, they just need to replicate performance in a larger trial later in the year. Then it is better than existing test (faecal vs blood test) and it is v v cheap relative to the comps... Both market cap and test cost wise viz Colvera (est $200m), Cologuard ($9 billion) etc.

All in all exciting times ahead and as your analysis points to @AMreidIt we are developing a tight register and should see selling dry up volume wise and a rerate shortly.

5x8's

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would be nice to now hold above 20c now that we've poked head back above on open, good little psychological mark

RHY Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

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(20min delay)
Last 6.4¢		Change -0.006(8.57%)		Mkt cap ! $15.41M

Open	High	Low	Value	Volume
7.1¢	7.4¢	6.2¢	$26.95K	399.8K

Buyers (Bids)

No.	Vol.	Price($)
1	30000	6.4¢

Sellers (Offers)

Price($)	Vol.	No.
7.6¢	12800	1

View Market Depth

No.	Vol.	Price($)
2	75525	0.063
1	16000	0.062
2	83639	0.060
2	38605	0.051
1	66665	0.045

Price($)	Vol.	No.
0.064	9245	1
0.065	51999	3
0.066	107305	1
0.067	195346	2
0.070	1794	1

Last trade - 11.54am 30/09/2024 (20 minute delay)

RHY (ASX) Chart