RDF redflex holdings limited
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The Chicago payments are sitting on the balance sheet but most...

  1. SimonGr
    3,456 Posts.
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    05/09/19
    08:32
    Post #: 40317398
    The Chicago payments are sitting on the balance sheet but most are not current as payment will be made over several more years. The schedule for payment is in an announcement from a while ago. Note, the liability is US$, so it moves around a bit with FOREX. It’s actually seems to work a bit like a natural A$ hedge on US$ earnings.
    RDF Price at posting: 36.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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