RLG 20.0% 0.4¢ roolife group ltd

I got promoted this business. Got told how cheap this stock is....

  1. 1,581 Posts.
    lightbulb Created with Sketch. 386
    I got promoted this business. Got told how cheap this stock is. I am still struggling to see the relevance in this company? Can someone explain? Also struggling to see why their employee expenses are so high for something like this.

    What exactly is the IP?

    How do they de risk the fact that pretty much their only market is in China?
 
watchlist Created with Sketch. Add RLG (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $3.13M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $28.21K 6.272M

Buyers (Bids)

No. Vol. Price($)
2 133504 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 1770000 3
View Market Depth
Last trade - 11.15am 21/05/2024 (20 minute delay) ?
Last
0.4¢
  Change
-0.001 ( 20.0 %)
Open High Low Volume
0.4¢ 0.4¢ 0.4¢ 1406201
Last updated 10.08am 21/05/2024 ?
RLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.