RFT 0.00% 0.7¢ rectifier technologies ltd

Yes indeed....Sensational.We didn't dwell too much on the P/L...

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    Yes indeed....Sensational.
    We didn't dwell too much on the P/L figures.
    The apparently "small" NPAT was largely due to expensing all expenses rather than capitalizing them......This has the effect of reducing net profit.
    Also the expenses included $630Ks non cash share based payments which in turn depressed net profit , but has no effect on cash flow.
    All good.....Less tax to pay.
 
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