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14.3%

0.8¢ rectifier technologies ltd

Ann: Preliminary Final Report, page-14

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Mr.Lumin

1,382 Posts.

430

31/08/22

23:58

Post #: 63447988
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Originally posted by 3500: ↑

Too much to chew on.
# Gross profit margin must have been impacted by big increase in cost of raw materials resulting in small profit despite 22% increase in sales.....This could be temporary.
# The major part of the Tritium contract is yet to be fulfilled in the Dec half....Expect HY1 2023 to equal or surpass full 2022 sales.
# Major movements in working capital with negative operating cash flow & large inventory.
# Resorting to debt ( $3m exactly) to boost cash holding....This is a good sign in my view as it indicates significant growth to materialize.
Don't blame the market for marking RFT down , just looking at profit numbers but there is more than P&L to consider.

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Can I ask, you state:

'# Resorting to debt ( $3m exactly) to boost cash holding....This is a good sign in my view as it indicates significant growth to materialize.'

But what do you mean? Why does the company lending money ($3m) to boost cash holding or cover operating expenses look like a good sign? How does the company lending money to cover expenses 'indicate significant growth to materialize'?

Note, not disagreeing or disputing... just trying to understand what exactly you mean by this, please

RFT Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 0.8¢		Change 0.001(14.3%)		Mkt cap ! $9.673M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$800	100K

Buyers (Bids)

No.	Vol.	Price($)
2	5855142	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	1648665	12

View Market Depth

No.	Vol.	Price($)
2	5855142	0.007
20	4123714	0.006
13	2377952	0.005
2	1000000	0.004
2	765001	0.003

Price($)	Vol.	No.
0.008	1648665	12
0.009	501930	2
0.010	450689	5
0.011	359000	3
0.012	72003	2

Last trade - 15.28pm 26/07/2024 (20 minute delay)

RFT (ASX) Chart