I am holding my RFN as well & preparing for furthe dive. i dont need to cash out in near future.Yes it is a new borne company. It needs to prove itself viable within the next 1 year.However it still has a quite good core platform and a range of good products. managements are experienced enough.Now they need 200-400 new customers to survive within a year as they claimed to focus on. For a Tech company core technology is always the most valuable asset-- once it is outstanding,sales will follow up. However, it always takes time to all the new techs for clients to accept them.
Considering JPs's connections within the industry, i feel he has chance to go through these difficuties-- it is still very ,very early stages.
REA dived to 0.06c at early stages and News Ltd bought it out. I would say it could be the best investment ever News Ltd. had made.That situation then was even harder than RFN's today.
SPs are just numbers. RFN was $1.90+ last year. it doesnt mean it wont make a big dive. Now it still doesn't mean it gonna stay there forever. If you take too serious on SPs you look at, share trading are not for you really
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $941.2K |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $1 | 455 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 13649656 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 15370854 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 13649656 | 0.002 |
33 | 66027523 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 14170854 | 13 |
0.004 | 10076379 | 15 |
0.005 | 4792001 | 14 |
0.006 | 3293500 | 6 |
0.007 | 732269 | 1 |
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