Australia's largest stock trading and investment forum Australia's #1 stock forum

RAP

Click for more information

0.00%

20.5¢ resapp health limited

I would wait to see how things pan out with revenue growth...

First 204 Last

Share
Profile

Follow
Singhg51

2,666 Posts.

372

25/09/20

16:14

Post #: 47634675
Share

Originally posted by TerribleTadpole: ↑

Averaging down is a valid strategy only if your original investment thesis for the stock remains intact. Otherwise it's a potentially terrible idea. The way I see it nothing has changed in the fundamentals of the company within the last three months that would justify tipping in more money. Nor have I seen anything that would make me reduce. Hence my "hold" sentiment.

As has been said many times the next change expected in fundamentals will be our first ever indication of the commercial prospects of the two products.

Of course, there could always be something unexpected... which we've been told to expect... which kind of makes it expected... which means that it will be something else instead... although that would be expected too because it's unexpected...

Dammit...! this is what happens when you talk to Brian!

Expand

I would wait to see how things pan out with revenue growth figures and FDA .

RAP Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ATH

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

AI stocks: What to expect in 2024-25

NWC

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

LRL

Labyrinth shares rocket by 219% on news of Comet Vale and Vivien gold project acquisitions

CTT

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised

There are more pages in this discussion • 1 more message in this thread...

First 204 Last

Add RAP (ASX) to my watchlist