RAP 0.00% 20.5¢ resapp health limited

Ok - it's all there is their old presentations, and if you had...

  1. 252 Posts.
    Ok - it's all there is their old presentations, and if you had been with RAP from the beginning and paying attention you would know what I'm talking about. For example go back to the investor presentation from May 2016 - it clearly stated they were anticipating FDA approval for the first marketing of one of their products in Q4 of 2016. Slide 15 of the following link

    http://www.asx.com.au/asxpdf/20160503/pdf/436z76nvxts58q.pdf

    This is what they were projecting at this same time one year ago. What happened to that deadline? It is now first half of 2017 - you think it won't get shifted again?

    If you have the ability to be objective at all about this investment, I challenge you to go back to the start of RAP and then download all their investor update slides. Then within each presentation go to the slide which provides their timeline and pull it out. Then put them all together and see what picture it paints. It doesn't look pretty.
 
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