TSXV:RHT.H - Post by User
Comment by
knicksmanon Jun 19, 2020 11:40am
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Post# 31169558
RE:Looking at the chart
RE:Looking at the chartFQ1 should be the breakout quarter. Not sure what that means in terms of revenues -- we could see sales anywhere between $1m to $3m, depending on the onboarding. FQ4 will probably be closer to $600k.
The beauty is that by the time the report their Q4, they will know what their FQ1 revenues will be and will likely pre-disclose at that point. If revenues are above $1 million for FQ1, that means the company will be cash flow positive. It also validates that the company is having at least some success with the onboarding.
In the meantime, through the summer, we can get a new contract announcement.
I think it's the perfect time to buy. By the fall, we will know whether this is a multi-bagger or zero.
At these prices, I would take that bet...