Hi, can anyone help me with RTHM's balance sheet?

On the face of it, it looks fine with just under $50m NTAV, but this is achieved with a $168m boost of paid in capital from existing shareholders which appears to be a regular occurrence each year.

My initial take is that this should be viewed as optimism on the part of existing shareholders, which might be about to pay off given the increased revenues and forecasts for profit in the next couple of years.

If anyone could explain additional paid in capital in a bit more depth it would be appreciated!

Thanks in advance.


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