so what's actually changed lately? Adheriums statement didn't provide any new information to that market that wasn't known since the quarterly.
The Adherium directors are obviously going to be defensive when it comes to a takeover bid which is quite normal. so why is everyone freaking out?
the lack of sales in the quarterly was cited as been due to supply shortages (whether or not u believe that is up to you), and respiri has secured chip volumes to meet their anticipated production volume of 12,500 units per month from mid-2021. So even in light of zero sales last quarter they still anticipate such a large ramp up. That tells me they are confident in demand! Also they just brought on board Terry White, and others coming I believe. Also don't forget FDA approval and how much easier the govt subsidies are there.
Am I missing something!? or has this recent sell off just been part of the wider market dumping anything growth/tech as part of the rotation to value stocks?
RSH Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
