TSXV:RHT.H - Post by User
Comment by
EdinColoradoon Mar 10, 2023 1:03pm
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Post# 35331044
RE:RE:SVB issuing 2,25 billion shares
RE:RE:SVB issuing 2,25 billion sharesSupremeNed wrote: we are sinking though. what do u figure? low 40 s?
The historical pattern has been an abrupt rise based on some favorable event and slow decay. But the magnitude of these changes has been decreasing as result of more frequent favorable event announcements but reduced enthusiasm because the rise in SP always fails to hold and grow. I think we are stuck at high .40s low .50s until company does a clear break into free cash flow. If it sank into low .40s it would be an amazing buy because the company continues to improve and proceed in the right direction. The frustration lies in its never arriving at the promised destination despite the progress.