RXH 0.00% 2.9¢ rewardle holdings limited

It is a very interesting move for RXH to form the partnership by...

  1. 196 Posts.
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    It is a very interesting move for RXH to form the partnership by having a share option for a major stake in Pepper Leaf. So essentially PL pays RXH's service to facilitate with their marketing and loyalty program and the money RXH generates could be used to purchase the share option for Pepper Leaf. Not a bad idea and we hope this further assists RXH to stay above the water of their balance sheet.

    I am also wondering if RXH will be using this option as a potential opportunity for CR in the future to pump in more funding to acquire PL if it continues to have a good uptrend trajectory.

    To sum up, never thought they would form a partnership/acquisition plan like this when they were having trouble staying above the water. Is this a signal that things are turning good and RXH is now thinking of expansion? Will be interesting to see their upcoming quaterley in a few week's time.
 
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