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Fizrr

277 Posts.

11

11/10/21

03:32

Post #: 56697944
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Originally posted by quartzhands: ↑

Ha! I did not. I had an order in at 0.01 to average down, so the pump will delay that getting filled. I was planning on holding this one and see where it goes in the next 12 months. Could be unwise.

This following is all purely my personal opinion:

Everything about this company should be sending up alarm bells. The bad: declining revenue, increasing debt, lack of consolidated vision, “inexperienced” management, no moat.
But for some reason I just can’t help but root for them.
The good: Exec Chairman loaning their own money to the company unsecured & interest free, board members taking big pay cuts, no cap raising or share dilution to patch holes in operating income (although that may well be coming).
It just seems like RXH are doing what they can to come out of this on top, and are not just in it for a pay check at the expense of shareholders (a pleasant surprise on the ASX). So I am rooting for them. I’m a sucker for an underdog I suppose.

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I like your opinion and optimistic lens

RXH Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
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