RFT 0.00% 0.8¢ rectifier technologies ltd

Ann: Market Update, page-27

  1. 6,277 Posts.
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    Andyat, whether or not an announcement is deemed market sensitive is at the discretion of the ASX, not the company making the announcement. Companies don't attach to their announcement a note to the ASX asking them to make it market sensitive ( or not, as the case may be). Most folk from my observations don't seem to know that.

    Anyway, I stand by my earler view the market has misinterpreted the announcement. Only the exclusivity clause has been removed, no other matter of substance has changed as far as the current contract is concerned, otherwise it would have been stated as it would be commercially significant. Therefore, RFT remains a preferred supplier to Tritium, and RFThat can only mean T now also has the opportunity to expand sales to other clients. RFT is gearing up for increased orders with the 2nd factory commencing next month, and they mentioned the lapse of the exclusivity arrangement will not impact sales. That can only mean current sales channels ( eg Tritium) remain intact. What more interpretation needs to be given to these matters. I despair at times I really do. As mentioned earlier I topped up at 4.3c today. Stealing candy from a baby as far as I am concerned. .
 
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