Morning!
IMO I think RAP has bottomed out at 15 cents and is holding up very well. The uptrend from low $0.07 region started on the 25th of March and has continued so long as we don't fall below 14. 5 cents. Bids are currently swelling at 15 cents there is reason to believe that the share price will get back into the low $0.20 region before the Sleep Apnea results are presented within the next 2 weeks or so and if they are positive it should bounce back into the trading range it was prior to the SmartCough-C2 results. It should nip back up to 25. 5 cents on the back of positive results IMO. If CE is granted prior to this it should bounce back well into this range. If positive on both fronts we should be well and truly back into the trading range we were prior to the failed SmartCough-C1 results! Add to this a positive outcome for FDA approval - new all-time high should be achievable...
Cheers
Red bar
rap chart, page-1161
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #