Ann: Voluntary Suspension, page-161

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

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Levelgrinder

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03/08/17

10:02

Post #: 26258850
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Originally posted by crossyaus ↑

To say they are always nearly on time is simply false. They have been a company for around 2 years, and they have missed most deadlines. Slide 15 ad 16 of the May 2016 resapp investor update is my favourite:

http://www.asx.com.au/asxpdf/20160503/pdf/436z76nvxts58q.pdf

This quote in particular shows you how good management are at meeting their timelines:

"On track to bring product to market by end of 2016, launch via telehealth partner to reach millions of patients quickly" - slide 16 of 3 May 2016 Investor presentation, at above link.

They will only be a year late if they deliver on their new timeline. Management has little credibility in my opinion. This latest delay is just another in a long series of delays and promises. Will there be a pot of gold at the end of this rainbow you all keep chasing - I guess we will find out soon enough.

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Well its a good thing you don't hold and have no sentiment on the stock then isn't it.

But that also begs the question, why do you even care to comment??

RAP Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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Ann: Voluntary Suspension, page-161

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