Really feel for holders here. I was pulled into the RAP story but fortunately decided it was looking a little toppy early last year.
I know many believe that this is just a bump in the road, however I personally have serious doubts about the usefulness and validity of the tech. If the app cannot accurately diagnose with background noise what purpose does it serve?
The current market cap is far too high for a pre-revenue company who's sole product has so many question marks. One needs to look no further than previous ASX darling, 1PG, to see how things can get seriously bad, seriously quickly.
Good luck to all old and new holders. I wouldn't be touching this stock until many of the doubts have been answered - and I'm happy to forgo the potential returns in the mean time. This is far too risky imo.
- Forums
- ASX - By Stock
- RAP
- Sorry Rappers
Sorry Rappers, page-105
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
-
- There are more pages in this discussion • 131 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAP (ASX) to my watchlist
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online