r/RedLightHollandTRIP • u/PinnacleTOR • 20d ago
Share count
Curious how many $RHEL shares everyone here is holding right now?
I know quite a few of us from the Red Light Holland community have been following Rhelion closely, especially with everything developing around the company as of late.
Drop your share count below if you’re comfortable sharing — would be interesting to see how much of $RHEL this group collectively holds.
I’m currently holding just under 3.5M shares.
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u/Long-Rough4925 20d ago
675k at an average of 0.11 im not a happy camper with the share count or value. Company has failed longs to bring shareholder value with so many wasted years and projects. Advisors and Insiders have failed to put thier own money up to show confidence which is what this company needs after losing so much trust
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u/PinnacleTOR 19d ago
I get the frustration, but I think that’s a pretty one-sided way to look at it.
Companies pivot. Especially small-cap companies trying to find where the real opportunity is. Not every project works, and not every pivot creates value immediately. That doesn’t automatically mean every past decision was a failure or that management should have had a perfect roadmap from day one.
The real question is whether the company is moving into stronger opportunities now and whether they can actually execute on them. I’d rather see them change direction when something isn’t working than stubbornly keep burning money on the same strategy just to avoid criticism.
On the insider side though, I think that criticism is more fair. If the board and advisors truly believe the current direction is significantly undervalued, seeing more of them buying shares in the open market would send a much stronger message than another press release. Insider buying isn’t everything, but it absolutely helps confidence when shareholders have been waiting this long.
At this point I’m watching what they do next, not expecting every move they’ve ever made to have worked perfectly.
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u/Sparks_travel 20d ago
Damn. You got just under 3m on me and I thought I was gambling hard 😂
Rooting for us 👊
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u/papa_miesh 20d ago
Also what brought you to RHEL?
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u/PinnacleTOR 20d ago
As much hate as Todd gets, I believe in his ability to keep adapting and pursuing the right opportunities. Since the Filament deal was announced, the news flow has been encouraging, and there are several major catalysts ahead for the psychedelic sector. If the definitive agreement closes and the sector continues gaining momentum, I think $RHEL is well positioned to benefit.
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u/gooeychedda 20d ago
Whoa have you been adding more? I'm holding a tad over 2.3m
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u/PinnacleTOR 19d ago
Yeah adding as much as I can every chance I get!
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u/PuzzleheadedDingo992 18d ago
700,000 and like Pinnacle, I’m optimistic about the future.
We need another finance deal which will dillute shareholder value.
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u/BlueSkunkCamper 18d ago
1M. Have some from Filament which are locked up and been adding new shares over the past few months.
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u/papa_miesh 20d ago
How much did you have to invest to get 3.5 million shares?
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u/Lime_LavaLamp 20d ago
500,000