RFT 0.00% 0.8¢ rectifier technologies ltd

Breakout Zone is at .08, page-40

  1. 10,917 Posts.
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    Yes I missed the 8 in the NTA 0.00187.That is how fund managers act.We can learn from it.You buy as many shares as you can at good value say in this case 0.006/0.007.You build a stake.Then your belief is that it is worth 1c and act accordingly.You buy lesser amounts up to the 1c knowing that the company is probably worth this amount.In the mean time your averages go up as you bought most of your shares at the lower price.If the companies performance warrants. Help along the way.
 
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