Tritium is dead.
It consolidated its shares 200:1 to keep its Nasdaq listing.
$1000 investment in Tritium at float is now worth 35c.........It is a horror show . a case of expanding too quickly in a non accomodating market.
Perhaps this could have been the fate of RFT had these measures to overhaul the leadership not been undertaken.
Tritium downfall is a serious blow to RFT as it is our largest customer & there is large amount of open order stock sitting in FRT warehouse that may not be honoured & may be scapped or sold to other parties at cost or even loss.
I think the 50% drop in RFT value is attributed to these unfavourable market dynamics rather than the board spill.
Perhaps the Wang gang are not the bad guys after all.
Tritium is dead.It consolidated its shares 200:1 to keep its...
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $19.34M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.2¢ | $10.64K | 811.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42116 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 243607 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.2¢ | 563338 | ||
| Last updated 14.36pm 03/05/2024 ? | |||||
| RFT (ASX) Chart |