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20.5¢ resapp health limited

12 months commercialisation?? The products only enter the market...

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AlCp

26,418 Posts.

1717

24/09/20

16:30

Post #: 47605841
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Originally posted by RudeeOne ↑

For the first 5 years, RAP was a research company seeking validations and regulatory approvals for its technology. Very similar in fashion to pharmaceutical company developing a new drug.

Only since late last year it enters the commercial stage, less than 12 months. I can't think of any company on or off the ASX that makes a motza in their first year of trading.

I think we need to put that in perspective. I too have to constantly remind myself of that.

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12 months commercialisation?? The products only enter the market 2 months ago but investors were definitely looking forward at some uptake of ResAppDx from telehealth provider in Europe and medical clinic to sign up....still "looking under the hood I guess".

RAP Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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