go figure RB, Afterpay lost around $50 Mil a year and they are...

First 3314 Last

Share
Profile

Follow
langhoatu81

1,474 Posts.

114

14/07/20

13:03

Post #: 45852125
Share

Originally posted by Red bar: ↑

Go figure Coviu and Phenix we're doing piss poor telehealth consultations at the time when the stock price increased substantially, up over 100% with the original Coviu announcement and up over 50% with the original Phenix announcement. Since then Coviu and Phenix have grown their business exponentially ( Coviu we're doing only 300 to 400 consultations daily now they doing 25,000 plus!) which means more dollars likely coming in for ResApp yet the price has dropped! Sometimes I think the market is quite disabled in determining value and goes with the flow... remember the price only broke down due to the extra shares coming onto the market it caused the chart to collapse creating fear and fear mongering this added to the mix and created further selling... this will turn it's just a matter of when not if...
1 major Catalyst that will move the share price short term is confirmation of a European telehealth deal which is well and truly due!

Cheers

Red bar

Expand

go figure RB, Afterpay lost around $50 Mil a year and they are worth $18 Bil lol..what a sad state we are in..but it will correct itself in the due time..the BNPL bubble will pop anytime depends how long mum and dad investors keep throwing money out of the door !! time to stay cool and wait ..if you have more dough, then here we go!! fundamentally strong, we have a lot of trolls here teaching us what to do !!lol

RAP Price at posting: 12.5¢ Sentiment: Hold Disclosure: Held
12 Upvote

1 Great analysis

Reply