RAP 0.00% 20.5¢ raptor resources limited

Ann: Proposed Acquisition of ResApp Health by Pfizer, page-91

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
  1. 297 Posts.
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    There hasn't been any quarterly to date where the results exceeded the expectations - and many of the expectations have been fairly low.

    Highest quarterly income was $124k in the last quarter - which mostly was the advanced payment from Janssen.

    The biggest red flag to me and the main reason I sold out after years of holding, was the fact the BOD (especially TK) never able articulate how much money/profit they expect the make from each product. No forecast, no baseline, nothing.

    In most of the major deals/announcements they almost always leave out any financial guidance on how much RAP would receive and their favourite line to use is:

    "ResApp does not expect to generatematerial revenue from the initiative."

    IMO TK and BOD have really sold out many loyal SHs.

    Also can't wait how a certain oblivious poster going to spin this, who has been blindly defending TK/BOD over the years despite the downfall.

    Rant over.

    GLTAH and DYOR
 
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