TSXV:RHT.H - Post by User
Post by
Invester123on Jul 30, 2022 6:55pm
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Post# 34862615
One of two things is happening..
One of two things is happening..The lack of the progress update for the June qr is making me think that one of two things could be happening now.. 1) The results were less than ideal and the mgmt does not want to release the info to prevent the massive selloff that would occur or.. 2) The results were good and they are not releasing them because they want to use this opportunity to either buy cheap shares themselves or the company is buying back some of the shares to reduce the float. I am hoping for option #2 because the fact that there have been no new shares issued in almost 2 mth makes me hopeful that we are finally currently cash flow positive and are using that excess money to buy back some of those shares.. We'll know soon enough!