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Ann: ResApp to Present at Wilsons Healthcare IT Conference, page-31

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Siva108

8,772 Posts.

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28/11/16

17:47

Post #: 20942048
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Originally posted by crossyaus ↑

Mate - you need perspective. I bought this for 1.8c not much more than 12 months ago. In retrospect I sold too early (its run was amazing in the last few months). But I still made a decent profit. I decided to sell because I couldn't see the path to realistic monestisation to justify the market cap. And I still can't. Maybe I'm wrong and this will got to $2 (resapp $1 billion company?), but there it is just as likely to end up like many other speccies.

Before I get howled down for not having done my research - I have. I know lots about this company having invested at the start and I constantly keep an eye on it. Try to be objective -it could still go either way - I hope for all holders sake it does become a $1 billion company, but don't blindly assume it will. There is still a lot of risk in this one.

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So you feel it is likely to not make it to FDA approval even with 3 of the top US hospitals willing to trial it. Seems like having sold early maybe somehow you are hoping it does not succeed. Can you give a reason why there is no clear path to generating revenue? Either way I don't hold much so I am prepared to take the risk as I have most of my holdings in a steady as she goes company.

RAP Price at posting: 36.0¢ Sentiment: Hold Disclosure: Held
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