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

RHS

Click for more information

0.00%

27.5¢ rhs limited

Ann: RHS Investor Presentation May 2017, page-18

First 18 Last

Share
Profile

Follow
potgut

18,603 Posts.

1008

10/05/17

10:17

Post #: 24589137
Share

Originally posted by Matt Adl ↑

It was a smart play by the company to word document as such but the product has been available for some time and until it translates to positive revenues this is following a similar trend to many Bio-Pharma companies in which they pump stock up to hold a 7-10 day average well above the low, followed by a heavily reduced CR @ 20% below the moving average, to further continue research.

Until I hear revenue based announcements or see the SP slide back below 10c this is a sit on the sidelines play for me. Look at the 2014 pattern, this to me is going to follow a similar trend unless they can indicate some major deals, that is why Pharma is such a good industry to short (Valeant being a prime example).

GLTH though as I could be wrong and it is only my opinion.

Expand

Yes the retrace to 10c is underway as we speak,,lol,tight register + world leading high margin product = + share price growth.

RHS Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

PRS

Prospech finds dynamite heavy REE grades from historic core in Finland

Trump is President Again: What Does This Mean for Crypto?

PR1

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

There are more pages in this discussion • 7 more messages in this thread...

First 18 Last

Add RHS (ASX) to my watchlist

SPONSORED BY