Spot on HJ, I have been flowing this for sometime and the lack of action around a CR is very interesting. RXH continues to develop its product with some nice new additions to the app and also behind the desk for business users. It looks to me that a number these additions (that that have been suggested on HC and also in the app store) maybe sold as bolt ons, which will naturally grow revenue per costumer.
There are certainly some conflicting indicator for the future of the business. What we know is cash flow break even is some way off and will not move the SP until we know where the immediate funds needed next quarter will come from. Possible avenues of funding for the next quarter?
CEO,
Board,
Bank Loan,
Private investors,
CR or
New partnerships?
Any others, please add?
I have a suspicion that the CEO has something up his sleeve otherwise he would have announced a CR sometime ago...
RXH Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
(20min delay)