I’m away at the moment so don’t have my laptop to check qrtly details that I monitor. However, with rating 100% above FY18 and 50% above FY19 during the Covid problems around the world RDF is going great guns. Yes, FY20 was high with a massive contract win, that won’t happen every year but could happen at any time.
So ... with this news in, could there be a competing bid? 92c is good vs historical trading but a relatively small premium to where I think RDF should be trading in the absence of the bid. Let’s see - I’m still holding all of mine.
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