RHT 6.35% 5.9¢ resonance health limited

Preliminary Final Report ?, page-21

  1. 12,599 Posts.
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    trading this volume .........

    One of my major concerns is the company culture. I lead myself to believe that it had changed, until I viewed this report.

    They basically are a research company. All upstanding people etc, etc etc.

    but no f...... idea of how to commercialise the operation. Now they are trying to kick start the operation with people.

    They have 12 people on the management team PLUS these new additions.

    ............revenue has gone up by $230K for the year and profit from last year's figure is down by $847,600

    During the last decade there have been some of the best market conditions for emerging companies.

    The share price of Resonance Health over that period is the same as it was 10 years ago.

    For all the rhetoric - they have gone no where.

    Now they say that all the stuff they have now put in place will produce results in the years to come. In the years to come the market place will be tougher, new technologies will be developed at a faster rate and MRI could become a thing of the past. RHT has had 10 years to make their mark and they still talk about the future.

    It will always be just that!
 
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