Post by
Lordarmi on Aug 28, 2024 10:40am
Advice
I have a very large amount invest into RHC for a small fry. Selling is not an option for me as the loss is just way to much. It appears no that unfortunately they will not be able to keep up with operating costs unless a buy out or more debt. If I keep my shares and there is a buy out or acquisition will It transfer to the next company? Or am I completely f****?
Comment by
Henryviii on Aug 29, 2024 12:22pm
I am in the same position ,alot of stock and invvestment almost dead.I read a post at another sight saying that they are still tinkering with adjustments to make it fully automated.So there may be some hope.However they are not informing there investors as to what really is. So is this a lie,we will have to wait and see.
Comment by
TheBridge on Aug 29, 2024 1:14pm
Henry, they're not just tinkering with the Steveville plant, they've been tinkering with the share holders by not keeping them informed on a regular basis.
Comment by
enjunior on Aug 30, 2024 4:25am
Sorry if I missed something but where would I find anything that says they are unable to keep up with operating costs? e
Comment by
Lordarmi on Aug 30, 2024 10:15am
The Q2 2024 Financials. Operating costs are greater than 3 million while the income is just over 1 million. For the last 2 quarters.