RFT 0.00% 1.0¢ rectifier technologies ltd

RFT has proved over the last couple of years it has a profitable...

  1. 785 Posts.
    lightbulb Created with Sketch. 2
    RFT has proved over the last couple of years it has a profitable (albeit marginal) business model with its existing sales base and products - i.e. military, telecommunications, mining and utilities.

    However, there is potentially (significant) upside from the current sales/profit levels, from the following:

    1. RFTs flagship award winning product for data-centres, RT15 only received Chinese approval in late August 2014. This is the product that Yimikang will be selling/using in Chinese data-centres they are involved in. So sales of this product are still in their infancy.

    2. EV charging, which is obviously a fast growing and emerging market, which RFT are most likely to use their existing Chinese and Indian partners/connections to push sales.

    So we know the business is profitable; we know that sales are growing; we know that they are hiring sales resources to "aggressively" grow sales but we won't know by how much or how little sales have grown until 6 months time. So there will be plenty of speculation as to how much (or how little) growth is possible, and thus a volatile price in the meantime.
 
watchlist Created with Sketch. Add RFT (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.000(0.00%)
Mkt cap ! $13.82M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 721000 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 351208 4
View Market Depth
Last trade - 13.04pm 06/06/2024 (20 minute delay) ?
Last
0.9¢
  Change
0.000 ( 10.0 %)
Open High Low Volume
0.9¢ 1.0¢ 0.9¢ 526073
Last updated 12.55pm 06/06/2024 ?
RFT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.