RHT 0.00% 5.3¢ resonance health limited

20% drop in price today, wednesday, page-5

  1. 10,319 Posts.
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    This was all announced several months ago. However, our big hope, ongoing, is the results of our application to the FDA regarding the Hepa-fat scan. If we get vthis it will boost our market significantly.

    Regarding the AR, the increase year on year on sales was very good, over 30%. I am not an accountant but it looks to me like we are very close to break even provided we can maintain out last quarter results. I regard the stock as a 'hold' at worst and perhaps even an 'accumulate' on the hope that the Hepa-fat scan gets the green light. If and when it does get approval, it would be a definite buy.

    Al my uneducated opinion, of course.
 
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