Hey guys,
Sorry I barely post here or for that matter anywhere else, from memory top 20 hold 82% of the shares. Not sure even if us small guys bound together, that we would have enough holdings to be noticed.
For disclosure purposes, I don't have any shares under my name however, my wife holds a small but decent parcel - although not enough to be in the top 20 (which I executed and in turn control, I am authorised on her trading account - my wife and I have no other affiliation with the company in any form).
I've never been to any AGM before but happy to attend as I live in Melbourne.
More communication by management would be ideal, to say the least!
None the less, I still have a lot of faith & confidence in management and it is my opinion they appear to be fiscally responsible and heavily focused on R&D. They also appear to be focused on developing products that are both; economically viable and disruptive, which will position the company to become a dominant player in the long run. Again, only my perspective, the market is it's infancy and going to take a few years to mature and you need to be in it for the long haul to see some real momentum in the share price, especially since it's a tightly held stock.
Hopefully, I haven't spoken too soon but I'm also glad there isn't this consistent and ongoing need by RFT for a capital raise as you find with many other similar sized small caps.
Although difficult, patience is a virtue. It's better the company lays a good foundation now with its product development and testing; opposed to taking shortcuts and suffering in the long term.
Sorry for the lengthy post, just felt like sharing my thoughts and hopefully reassure other long-term holders the wait will hopefully be worth it.
Again, just my opinion - DYOR and GLTAHs!
Suki
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $9.674M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $14.01K | 1.930M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 125582 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 4108525 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 2346666 | 0.006 |
10 | 1647942 | 0.005 |
3 | 3000000 | 0.004 |
5 | 1823001 | 0.003 |
1 | 1000000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 4108525 | 7 |
0.009 | 1625159 | 7 |
0.010 | 343189 | 2 |
0.011 | 1508791 | 4 |
0.012 | 402619 | 3 |
Last trade - 15.55pm 28/06/2024 (20 minute delay) ? |
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