RHT 0.00% 3.8¢ resonance health limited

beware of the pump + dump again ??, page-102

  1. 10,488 Posts.
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    The highest close might have been 10c BUT I did sell 1.2 million at 11c on one day before the lower close. What its highest intra day max was I cannot recall. It may have been above 11c.

    As I said before, this stock is for fundamentalists - buy when it has serious value (like now), hold until it surges again, and sell before you think the day traders will be looking to take their regular losses, which seems to happen late each day to some extent. If it happens that you cannot sell for your expected price, just wait. Since the underlying stock has real long term value, you should be able to cash in later or hold for the dividends.

    RHT is completely different from stocks like PSY. RHT has real revenue (for several years now) which is about to expand significantly with the commercialisation of the Hepafat scan. PSY has a great idea and it MIGHT be worth a mint, perhaps even more that RHT, but as of yet it is still just a great idea spending money to reach fruition. In this state it may well need to raise capital once, twice or several times, whereas RHT got to where it is with good, straightforward honest management with very few capital raisings - none in the last 5 or 6 years.

    One can value RHT on a real income stream making realistic assumption about future revenue growth and expenses. PSY can really only be judged on charting - which is based on the psychological swings of traders using company announcements as they emerge.
 
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Last
3.8¢
Change
0.000(0.00%)
Mkt cap ! $17.46M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 327025 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 100000 1
View Market Depth
Last trade - 16.12pm 15/11/2024 (20 minute delay) ?
RHT (ASX) Chart
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