TSXV:RHT.H - Post by User
Comment by
politicaton Dec 26, 2023 2:54pm
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Post# 35800555
RE:Sold all shares in RHT
RE:Sold all shares in RHT my thoughts exactly. I do not mind risk ( any nano cap has it ) but risk on top of trust issues is like risk times 4. The risk grows exponentialy.
Company STILL has market cap of $60M. It is not exactly cheap given the lack of a demonstrated biz model that actually makes $$. The big contracts signed 12-18 months ago still have not proved to bring in $$. More than enough time IMO.
I fortunately sold out months ago at a loss that would have been much higher if i still had shares. You did the right thing. I audit had surprise write offs etc this will collapse. And CEO leaving is a HUGE red flag....