RAP (ASX) Random thought

Originally posted by Red bar ↑

Hey troops!
I've been busy as he'll lately hence the late post running around like a headless chicken with one eye on the share price and the other on the job at hand. Geez did I have to multitask today?! What a rush and what a thriller for us RAPturous RAPtor RAPpers

Okay I got something to say I refer to this article published today by a 'Fool':

"Why the Resapp Health Ltd share price is up 1,158% in the past year"

http://www.********.au/2016/03/10/why-the-resapp-health-ltd-share-price-is-up-1158-in-the-past-year/

Lol I think the author is a 'Fool' for just wanting to "watch from the side lines for now"
Hahaha will pay a higher premium later I think. Gee that makes perfect cents!
Maybe the author needs to invest in blue chip company like BHP, wait haven't they fallen around 50% + this year!

Also the "major risks ahead" (I shake my head) factors:

1. "Potential for another company to develop a better app" LOL 'if' one was to be developed it won't happen over night, we will be deeply entrenched into the market by than/take over Resapp took years to develop does he/she think you just click your fingers and BAM there it is.

2. "Regulatory approval"- Resapp engaged with Experien Group which has extensive experience in approvals for 510(k) applications 99% of the time to be exact!

3. "And the company still has to find the best way of commercialising and marketing its product which will be no easy task either." Hahaha yes the author clearly has never come across Telehealth before...

There would be plenty of big companies wanting to form partnerships with Resapp already and I think the board is playing their cards perfectly.... Also the fact that institutions etc are having to buy on market and not through capital raising, diluting our share price, is a huge bonus for us...

Excellent posts today folks, only one moderated on a busy day.

Looking forward to Resapp's bright future full of coughs...

P.S crew I will be attending the TechKnow invest conference again in Sydney. Looking forward to catching up with you again @Lefevre and others who are also attending!

Cheers

Red bar

Expand

They really are great, aren't they, these so called "experts". YMYC- had a call from a viewer on another stock I'm on. Couldn't even get the size of the diamond right- took about 3 goes- and still over 300carats short- the rest of the comments were total rubbish. Perhaps they just like the sound of their own voices!!
Some of the brilliant researches on this stock would surely put most of them to shame.