Understood Teddy, apologise for my off the cuff statement re your post.
I am a newbie to RHT and have a substantial number of shares.
To me, the company is a sound proposition, it is just a matter of time before this fact becomes reflected in the share price.
Delighted to share the chart with you.
I use it mainly to take a view of the overall trend.
The massive pump throughout Jan is highly evident and then the gradual but persistent sell off on low volume.
It now seems to have stabilised.
My humble assessment would suggest that the CR was predicable. The SP was "adjusted" in light of this occurrence and will probably churn in this SP region for a period.
Once the CR has been completed, the dust will settle.
Personally I think a lot of the traders will have left the building, this would suggest that the remaining 60% of the shares are held by believers in the company and its future.
Management hold over 30%
Be that the case one may see a more balanced growth pattern in the SP in the coming months. Particularly as they provide news on the launch of Hepafat and the ongoing improvement in revenue from the existing technology.
Then the big whamo with the Ferriscan money machine.
Sometimes I get tangled up in the short term stuff and it clouds my comments, however I am a long term investor and select my stocks accordingly.
I am more that happy with my RHT investment, my entry point was a little higher than I would have liked. However I wanted a large parcel and it was the only way I could get the volume. I have send committed to the CR and will continue to take up any opportunities in the short term as I believe the longer term prospects for RHT are very bullish.
Cheers
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Last
5.9¢ |
Change
0.001(0.86%) |
Mkt cap ! $25.91M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.9¢ | $16 | 271 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 62241 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 33800 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 62241 | 0.058 |
1 | 75000 | 0.056 |
1 | 79523 | 0.055 |
3 | 296000 | 0.054 |
1 | 250000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 33800 | 2 |
0.064 | 32156 | 1 |
0.065 | 55000 | 2 |
0.067 | 29344 | 1 |
0.069 | 45000 | 1 |
Last trade - 12.25pm 17/10/2024 (20 minute delay) ? |
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