STTCOMP RHT, FA LONG
402.5m SOI
10.46m MC
RHT has hovered between cash flow neutral and a profit a fair while now and they seemed pretty content to keep it there. Lately however there has been a change of character and things have been happening.
A move to into AI with their tech which in turn should improve the profit line, and the most recent partnership with Blackford analysis will expand their customer base and exposure.
Relative Low shares issue and low threat of a surprise raise. Management own a tonne of shares and as recently as March bought more on market.
Chart is a weekly but u can see its been in this range for plenty of time, Higher lows, few checks high and low for supply resulting in the current squeeze.
Likely the next Q might be the catalyst to break out. Capturing previous highs is not at all out of the question.
Have a quick look and see what you think anyway
- Forums
- ASX - Short Term Trading
- Short Term Trading Week Starting: 9 July
STTCOMP RHT, FA LONG 402.5m SOI 10.46m MC RHT has hovered...
-
- There are more pages in this discussion • 178 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XAO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,150.1 |
Change
129.200(1.61%) |
Mkt cap ! n/a |
Open | High | Low |
8,020.9 | 8,167.3 | 8,020.9 |
Featured News
XAO (ASX) Chart |