Maybe maybe not.. The fact is the company has been delivering on targets and has now started monetisation of the network after firstly focusing on building merchant numbers.
I have spent the past 6 months researching RXH and I'm extremely bullish on the company. As we reach 2m members our network becomes very valuable to brand partnerships. Any day now we should have news on which top tier telco company has partnered with us and which of the big 4 banks. This news alone should send our SP over 20c in my opinion.
Although we may reach 20c when the above news is announced, I'm confident that we will be back to 20c by the end of the year. Good luck to anyone wanting to buy a decent amount of shares on market!
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