TSXV:RHT.H - Post by User
Comment by
Expos44on Jul 30, 2022 12:51pm
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Post# 34862300
RE:observation on movements of RHT
RE:observation on movements of RHT Mingzhu, there are likely just a few handful of folk who are more positive than I with respect to the long term future of RHT. That said, I agree that in the past few weeks we have witnessed a nice run on the SP with a little slowing of pace once we touched the mid .50's. It was a nice little move in the last 30 mins of Friday trading to get us to .60.
I would be pleasantly surprised if we reached the dollar mark as you mention in just a few short weeks from now (barring any blockbuster type NR). A few reasons from my perspective which include shorts continuing to cover albeit at a much less intensity, relatively low volume which can and has in the last many trading days has swung the SP both up and down, many IMO sitting on the fence sort of speak in regards to business ops guidance which Scott mentioned would be provided in July and was not (excl the mention of 100k onbaorded by EOY 2022, and finally financials coming.
Okay, so it may appear I am negative with the last few remarks but I am not. Do I see the SP continuing upward, YES, absolutely but not without the headwinds I touched on. AllI am doing is tempering my view not to be disappointed with lofty expectations.
So to close, I always have seen your posts as both positive in nature and clearly you are a shareholder that sees as I do real solid steady growth. Cheers! Log and strong.