Good question as it is also explains why i've bought some shares.
Let me answer by saying - whilst i don't understand the technical details as to how/ why devices such as the microwave/ mobile/ etc works, i use these and find great utlility and value in them.
Similarly, I don't understand (or care to) how Wheezo works, but am encouraged that hospitals, doctors, telehealth and insurance providers find utility in this and are prepared to move it from the research/ trial stage to actually backing the technology. They could be backing them because they provide patient care, or it could be a ruse by insurance companies to lower their cost of operations by giving people devices and treating them outside the ED and in-patient systems - either way, I don't care. But the fact that they are backing a technology and process with $, some of which will come to RSH means that this value will see an increase in SP and hence value to me as an investor.
Therefore a punt to ride this until a better mousetrap comes along is a valid investment strategy. The new datapoints are that the FDA is providing $ via CPT codes. Major healthcare orgs and insurance co's are backing this and RSH has partnered into an eco-system that seems to have legs.
So i am in and now wait to see where this goes.If it goes nowhere as AlCp continues to opine using anecdotal evidence, then i move on. If it provides a return on my investment, then excellent.
Wish you all the best in punts/ investments where you hold shares as well.
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Ann: Nth Carolina hospital commence wheezo RPM patient onboarding, page-36
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Last
3.0¢ |
Change
0.002(7.14%) |
Mkt cap ! $31.79M |
Open | High | Low | Value | Volume |
2.8¢ | 3.0¢ | 2.8¢ | $23.79K | 836.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 16 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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3.1¢ | 67500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 350000 | 0.028 |
2 | 530000 | 0.027 |
4 | 594127 | 0.026 |
3 | 279318 | 0.025 |
2 | 850000 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 67500 | 1 |
0.032 | 73255 | 2 |
0.033 | 7142 | 1 |
0.034 | 274808 | 3 |
0.035 | 320158 | 4 |
Last trade - 15.19pm 07/06/2024 (20 minute delay) ? |
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Last
2.8¢ |
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Change
0.002 ( 3.45 %) |
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Open | High | Low | Volume | ||
2.7¢ | 2.8¢ | 2.7¢ | 111180 | ||
Last updated 13.02pm 07/06/2024 ? |
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RSH (ASX) Chart |