RSH 13.0% 2.6¢ respiri limited

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  1. 1,268 Posts.
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    Guys there won’t be any sales in the March Qtr because of the global shortage of components due to COVID manufacturing delays worldwide.
    See feb 19th announcement - so they sold their first shipment in the DEC Qtr, but they didn’t get delivery last qtr so there won’t be any sales in the Mar Qtr- because they didn’t receive a shipment due to component manufacturing delays due to COVID.
    Google ‘micro processor delays due to COVID’ it’s a worldwide problem that has effected so many industries ...

    It due to no fault of RSH - it’s called a global pandemic - but I’m sure as the distribution agreements get signed and they rollout more stores over the next few months that will all be rectified. Patience is key but clearly some have sold - now isnt the time to sell imho as they are finally getting their business plan together...
    So read this again - the market knows this




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