Can't call myself a long term holder...
All I expect, is for the company to hit forecast of circa $900k for the qtr and bank somewhere over $400k unless more than expected was spent on R&D. Q3 revenue was a little larger than expected so IMO anything above $850k revenue for Q4 should be about bang on the forecast by mgmt for the second half of the FY.
There were some contracts signed around 6 months ago that may have started to gain traction in the last quarter. The recent announced trial agreement will impact future qtrs.
What we do know;
- The company is profitable
- Cash at bank is growing
- For Liver Iron Content we are the only AI game in town.
My expectation is RHT is a slow burn and IMO so long as mgmt continue to accurately forecast and grow revenue we should see the SP rise on or before each 4C. IMO the ASX market is fickle and will not necessarily rise in a uniform manner.
GLTAH
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1 | 43000 | 0.051 |
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Price($) | Vol. | No. |
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