The expert update( broker) is this is speed hump only towards commercialisation. Whether this is true remains to be seen and depends on ones risk appetite. Do agree that the company has work to do to restore faith. The product does not change or incredible potential suddenly disappear. I am holding as i do not want to claim a loss at this stage. The company needs to release their strategy going forward. The TGA will eventually approve this but more importantly what is their plan from here. They have told us they are in discussions with multiple parties. Where are those discussion in regards to a deal. Is the Australian decision going to affect this. I am holding for at least 6-12 months. I bought at 1.30 and 1.20 after buying initially at 40c so am happy to observe what happens from here. If anything am more likely to buy more but am happy to sit on the sidelines for the time being.
Bill
RHY Price at posting:
54.0¢ Sentiment: Hold Disclosure: Held
