Why do they need cash if they are currently profitable?
The only reason they would raise cash IMO is to scale up their operations to meet demand, otherwise they could keep churning out small profits and grow organically that way.
Accumulation or Distribution, page-40
Add RFT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.05M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2422709 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1905222 | 5 |
View Market Depth
| Last trade - 10.06am 21/10/2024 (20 minute delay) ? |
| RFT (ASX) Chart |
Day chart unavailable