RGI 0.00% 22.0¢ roto-gro international limited

Ann: RotoGro Operational Update, page-47

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  1. 3,856 Posts.
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    Out of the downwards channel now. RSI getting a little hot but history says it CAN a little hotter than this before a retrace.
    If we stay above 17c or so we should see the 50 day MA start to move up again. It's starting... but not convincingly just yet.
    Sideways for a week around these levels would suit me just fine.
    If we hold somewhere around these levels and we get a good announcement, we could very well see the start of the climb back up.

    Still stand by what I've said in the past....
    If we nail all 3 of our major revenue streams (Freshero, Gibio and MJ cultivation), this can be a very easy $2 stock within 2 years.
    If we nail all 3 of our major revenue streams we should see ~$40m annualised revs by those 2 years.
    Last edited by HairyRichard: 09/07/19
 
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