RSH 1.19% 8.5¢ respiri limited

RSH - media / research, page-5

  1. 26 Posts.
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    Whether price forecasts are "correct" or not is not really the point. Most stocks move through the price forecast of most analysts at some stage and therefore at that point in time they are "correct" but at all other times they are "wrong". This is not what is important. Analysts predict the directions that a stocks price should move (and roughly how much it should move by) based on fundamentals and generally present a balanced or conservative view. Any analyst who is wildly optimistic or presents views based on whether they are paid for the promotion or not are quickly ignored.

    The fact that a number of analysts are now starting to watch Respiri and are noting that the company is poised to move is encouraging and backs up what long term investors have believed for some time. The positive news flow and meaningful forecasts for revenue, break even points etc is all great to see and is different to the type of communication flow of a year or so ago. Respiri is certainly gaining traction and locking down deal after deal as steps on the journey to success. The share price is languishing but the fundamentals are becoming very strong and compelling as signs of value in the company.

 
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Last
8.5¢
Change
0.001(1.19%)
Mkt cap ! $109.7M
Open High Low Value Volume
8.2¢ 8.5¢ 8.2¢ $98.85K 1.187M

Buyers (Bids)

No. Vol. Price($)
1 225000 8.4¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 81243 1
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Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
RSH (ASX) Chart
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