RAP 0.00% 20.5¢ raptor resources limited

Sorry Rappers, page-105

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
  1. 40 Posts.
    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.
 
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