Hi thehen....
Many thoughts and theory's on this stock. Mine for what they are worth:-
This stock SP is now just ahead of what it was in July 2015 $0.11.67c to now $0.14.0c The 5 year (1,820 days appx) journey over that period has have materialised.
A very disappointing journey for a lot dedicated shareholders.
We shareholders have been patient to an extent and what has just been announced is a very very positive one indeed. But on reading and analysing the expectations may have at this point is a big 'YAWN' ..... Stock went up and maybe a lot of LTholders exited after reading the reports.
Reading the report (the Japanese one which was somewhat very overdue -expected but $ wise for RGS excellent but shareholders 'O' )
Some of us may have expected more. In my opinion the let down in the report was the time frame. I believe a lot of LTHolders were looking towards a shorter time frame for them to see any $ benefits. Especially based on past promises. As good as the announcement is, beneficial for RGS in time but not just yet. The waiting game continues with 'time' the killer for RGS shareholders, at this point.
I believe many see it as ' more water under the bridge ' before any real benefit. However one benefit could be no more CRs till some $$ start to flow. But again, when will that happen?
The USA Patent another great announcement........ but zero $ at this point and nothing more on the horizon. Maybe I am expecting too much.
It is a fact that a lot of us want instant gratification, I believe a lot of shareholders (or ex-shareholders) will sell or have sold and place RGS on their watch list and move on.
I believe the new CEO has achieved what others had not - congratulations there.
Time will tell but now I do not see anything of note for some time. I hope I am proved wrong. I really do.
As I said my thoughts - DYOR .
Keep safe all
The Phantom GWW
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41.5¢ |
Change
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Mkt cap ! $4.951M |
Open | High | Low | Value | Volume |
41.5¢ | 41.5¢ | 41.5¢ | $217 | 523 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 24 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 11 | 0.420 |
2 | 3870 | 0.410 |
1 | 400 | 0.400 |
1 | 6000 | 0.390 |
1 | 5000 | 0.380 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 24 | 1 |
0.500 | 334 | 1 |
0.545 | 400 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
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