RHT 1.64% 6.0¢ resonance health limited

Ann: US FDA Clearance for LiverSmart, page-21

  1. 924 Posts.
    lightbulb Created with Sketch. 175
    they key to make RHT share price stay above 20c will be the next quarterly cash flow update, last quarter came in at:

    current sales: $708k
    overall cash flow: negative $334k

    we used to be positive cash flow at times, but we now have more staffing/management/marketing cost etc as new CEO positioning us for more cash flow growth as previous FDA approvals haven’t quite translated to RHT bottom line, hence dumps as you mentioned
    Last edited by Linsanity: 05/01/22
 
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