RHT resonance health limited

RHT should be trading on a PE of at least 10 times earnings ,...

  1. 9,145 Posts.
    lightbulb Created with Sketch. 7454
    RHT should be trading on a PE of at least 10 times earnings , looks like earnings will be $20 million plus this year with a 25% profit margin in a rapidly expanding business and other new medical devices in the near pipeline going through regulatory approvals , RHT has regulatory clearances for a range of Software-as-Medical Devices (SaMDs) in the USA, Europe, UK, and Australia, and also carry ISO 13485 , the market cap for RHT should be over $200 million, those investors selling at these prices will be very sorry, RHT is about to fly , certainly been worth the wait.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.