RHT 0.81% 6.1¢ resonance health limited

Ann: 510(k) Application Submission to U.S. FDA, page-67

  1. 8,036 Posts.
    lightbulb Created with Sketch. 481
    agreed.

    RHT
    - have 5 approved FDA products. Not many biotechs that produce consistent positive cash flow, and are growing in assets and revenue yearly
    - Management are very sound and keep capital expenditure to a minimum.
    - substantial holder bought $2-3mill at 20c+ when SP was 10c
    - applied for FDA in April for HepaFat-Al, an AI software that aids in managing liver disease and liver transplants. When I called up - management said they were “highly confident” in receiving FDA approval
    - management of RHT are sound and I’m guessing FDA have an amazing relationship with them for all their 5 products to have received FDA approval coupled by the fundamentals of their products
    - Discl: bought 14c
 
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