Hi TH1,
I think it is going to take some actual negative news and not necessarily negative sentiment alone to turn RAP around. The solidity of the recent trade has been largely on the back of supply and demand fundamentals. Supply has been drying up, and demand fairly steady and at times aggressive.
With an update of trials here, and announcement of US Hospitals, the supply side could get decidedly tighter. Any US interest is going to cause even greater demand. And so instead of a negative sentiment generated retrace, I think there is a distinct possibility of an exponential explosion upward.
Some still seem to be of the opinion that this is an experiment in the proving stage. It's not. This program (App) is really way past the experimental stage. The carton of pre-loaded phones (hand held microcomputers) that we just sent of to the WHO organization are not
prototypes, they are the latest model, with the most up to date program loaded.
I may turn out to be wrong, time will tell.
Just my opinion, DYOR.
Regards
Phil.
RAP charting, page-6245
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #