RLG 0.00% 0.4¢ roolife group ltd

News: RLG Roolife Group Ltd Receives Orders For A$1.95M Of Products, page-10

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    I think everyone is jumping the gun. Time and time again they have quoted revenue only for a reason. And time and time again the bottom line has always been eaten up by fat , so I'd imagine some caution is needed until proper cash margins become apparent.

    they also seem to flirt between one big juicy announcement to another imho. I.e. what happened to the big wool deal thing , and the crew that started ordering just a week into the end of June or something along that lines? My point being these are all swept under the rug (did they fizzle?) And similarly unless we see subsequent orders I'm also worried the same will eventuate here....

    hope to be proven wrong but expecting a jump back up past 2c ATM seems a bit wishful to me. Would be more than happy to see 3s and 4s again though as would everyone.
 
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