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20.5¢ resapp health limited

I remembered this comment from Golf36, 'the Morning star stated...

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LJD

457 Posts.

75

26/07/22

15:53

Post #: 62734795
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Originally posted by Arrowhead: ↑

I'll take it as unsaid that you were misquoting me in error.

There are some lay down miseres in life that don't present often LJ.

A blue chip pharma is paying an acceptable price, as judged by the Founder, Board and an Independent expert, for a micro cap which is bouncing along with no cash in the bank, a disappointing trial result and listening to many posters, a BOD and management team whose heart is no longer in it. The arb is 27% for 6 weeks.

If you paid too much for this company, as judged by the offer on the table, then average down and make 27% for the next 6 weeks on your new money. then divert your capital in to a company which has upside without as many challenges.

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I remembered this comment from Golf36, 'the Morning star stated Resapp was undervalued when we where at 0.09 a couple of days ago, they valued it at 0.13 cents and that was before our Covid partner news with Pfizer'.

You can twist words however you want but the fact remains that Resapp Health is worth more than what Pfizer is offering.

RAP Price at posting: 11.8¢ Sentiment: Hold Disclosure: Held
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