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2.17%

4.5¢ resonance health limited

Ann: Appendix 4C - quarterly, page-97

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ZMan

3,653 Posts.

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20/07/19

11:57

Post #: 39612442
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Originally posted by EnderGame ↑

You guys are a bunch of optimistic holders. It is good to see!

You can't simply take R&D staff and admin. I would be letting the R&D team focus on improvements or focus on other areas. In a med tech type business like this the IP is what makes the company. Even with EnvoyAi and FerriSmart I would still be wanting to hang on to the good people.

Re: Admin etc... In a small business I would expect that these guys do lots of different roles, job share, process improvement, liaison to new customers etc...

So I am okay if these costs were not cut. Either way we know that the company cash is great, it is growing organically, and FDA approved Ai based technology is transitioning in.

As life expectancy rates increase we are only going to need companies like RHT even more. As for less developed countries who have fewer people skilled in this area the Ai will certainly improve things.

Onwards to the Q4 4C and FY results!!
Looking forward to seeing adoption across those potential 5000 sites with EnvoyAi as time unfolds.
I wonder when a company like GE or Pfizer will jump onboard.

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I think by saying “taking out R & D, staff costing, admin ”, he meant subtract those costs from the revenue received,
not taking those people out of the organisation.

RHT Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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Last 4.5¢		Change -0.001(2.17%)		Mkt cap ! $20.11M

Open	High	Low	Value	Volume
4.5¢	4.5¢	4.5¢	$47.47K	1.055M

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No.	Vol.	Price($)
1	15	4.5¢

Sellers (Offers)

Price($)	Vol.	No.
4.6¢	64875	1

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No.	Vol.	Price($)
1	15	0.045
1	22727	0.044
2	373255	0.043
2	230000	0.042
1	400000	0.041

Price($)	Vol.	No.
0.046	64875	1
0.047	36554	1
0.048	50000	1
0.049	100000	1
0.050	60084	2

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