RFT 0.00% 0.9¢ rectifier technologies ltd

News: RFT Rectifier Technologies Ltd Sees Revenue And Profit Decrease For Fy21, page-14

  1. 1,402 Posts.
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    My average is now .034 too...

    Personally, I'm confident. This company has shown a good upward trend year on year... they are making dosh, have supply contracts, use debt well, and most importantly EV charging networks are in the news a hundred times a day globally due to demand for EV chargers with questions around how we will increase supply to match the massively growing demand.

    RFT is in the right space... so what the share price hit a roof at .38... if the buying pressure was there it would have pushed through it but it simply wasn't at the time... .38 will be broken within the next 12 months I'd bet my left nut.

    RFT will continue to grow in a growing market with exponential increases in demand for their product occurring now and over the next decade.

    Only thing that would perhaps stop that is someone acquiring them.
    Last edited by Mr.Lumin: 31/07/21
 
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