RSH 3.85% 2.7¢ respiri limited

Ann: Trading Halt, page-4

  1. 44 Posts.
    lightbulb Created with Sketch. 19
    I think most people were expecting the next batch of news to be on the trial results, rather than another cap raising.

    Total radio silence as expected completion dates come and go and then this - I'm not sure it sends a great message.

    You would hope there's a fair bit of detail to come from the company off the back of this announcement, otherwise quite disappointing.

    Can't imagine the recent 2M shares at 12 cents buyer will be thrilled when the stock dives upon resumption of trading.

    BUT, you never know the information might come out and say needing to raise cash to setup a mutli billion dollar distribution channel, in which case, never doubted them.


 
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