RBY 0.00% 0.9¢ rockeby biomed limited

rockeby drawdown facility, page-7

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  1. 106 Posts.
    I agree, I doubt this company will fold. It has a lot of Singaporean Backers and dodgey connections.

    But on the downsides left, everytime I think it can't get lower, it gets lower.

    I think however this quarter, they might come close to making it in the black (for the first time) considering the cash burn rate is $600k to $1m for a qtr and sales seems to have nearly reached $300k going by their announcements, but it will be another uphill battle after this qtr.
 
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