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2.9¢ rewardle holdings limited

this doesn't look like a real business. Most of its cash flows...

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73 Posts.

4

21/06/22

15:02

Post #: 62115519
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Originally posted by Tn00b: ↑

I understand why that would prevent some from following but I also think he has proven he is not wanting to take it private or even dilute investors out of the company.

He has repeatedly dipped into his own pocket and supported the stock and finally now has gone cash flow positive for 2 consecutive quarters without the traditional merchant revenue due to COVID.

If RXH starts to get the merchant revenue back as well as growing it new revenue streams it should see some really good numbers for the rest of the year.

I still can't see the end game after these revenue streams have matured but I can see the pathway to success.

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this doesn't look like a real business. Most of its cash flows are rebates from the ATO for 'research' (ie staff expenses).

that's the only reason why it remains afloat because it is funded by the tax payer. it's a joke.

RXH Price at posting: 1.0¢ Sentiment: Sell Disclosure: Not Held
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