RLG 25.0% 0.3¢ roolife group ltd

Ann: Appendix 4C and Quarterly Update, page-6

  1. 392 Posts.
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    It’s a shame if that’s actually the case ManB. This needs all the positive news & traction insights it can get. Whilst you shouldn’t flood the market with useless news, for the sake of shareholders, I would hate it to be underperforming on the market if it is actually kicking goals.

    My concerns echo yours, revenue. There has virtually been 2 years of:

    Reporting a robust pipeline with virtually no resulting sales. Not a great closing track record.

    No revenue even from Long term existing clients. Where is revenue from the sporting website & Robb report ? Are they still clients ?

    Where are the positive impacts/results in using OPN from these existing clients ? Surely there is a case study if the client is supportive. Surely marketing must be pushing this if they exist ?

    It’s good they are looking at costs. But they’re already scraping the bottom of the barrel now with funds. There is no news on a successful CR & to me it doesn’t look like any new sales or revenue spike in the next 3-4 months will be quick enough to cover their costs ?

    I Guess even with any industry accolades, at this stage, it’s only good if it translates to funds.

    Hopefully, as you say, they need to re-think their approach if they have the news. I hope they have. Else, I agree, any respect will be hard to get & it will just get harder from here.
 
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