Ann: Quarterly Appendix 4C and Commentary - 31 Mar 2016-RFN.AX, page-228

Think of it this way. Many investors jumped on when it was flavor of the month and got burnt bad. Hence you are seeing the same people consistently showing their bitterness and closed mind attitude that rfn is headed to 0. From an objective point of view rfn hasnt done too bad at all in their first year listing but definitely not what the market was expecting. History aside if I was analyse rfn's concept and it's current agreements/revenue at this market cap, it looks pretty damn good to me. Sentiment had brought it to ridiculously high valuations but the negative sentiment has just the same in bringing the SP down. At the current customer base and cash in bank I can't too much of a negative from here, and although risky rfn should prove value in the MT and that's the timing that's required to make money no matter how much of a dog they think a stock is..