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0.7¢ rectifier technologies ltd

blah blah blah BS BS Ignore the world around you blah blahEasy...

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Pariselec

187 Posts.

32

01/03/24

12:46

Post #: 72693797
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Originally posted by 3500: ↑

Yes.
Could/should have been a lot worse given severe lack of market demand & drastic reduction in sales of 62%.
# The 3 segments produced positve EBITDA of around 10% each (down from historical 30%)
# Cash flow +ve ....A virtue of cleverly managing creditors hence the large payables.
# Paying down debt.
# Evident effort at containing the rampant expantion in inventories & stocking of raw materials......Inventories remaind stable with next to nothing raw materials expenses.
# working capital dropped significantly from $16m to $10.5m.....35% drop.
A picture of a businness pulling in its horns in the face of non existent market demand.
I have to say that the mistakes happened under the watch of the old management team....Who is responsible for the remedies? we can't give the new team any credit yet.

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blah blah blah BS BS Ignore the world around you blah blah

Easy when you are not invested.

RFT Price at posting: 3.6¢ Sentiment: None Disclosure: Held
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Last 0.7¢		Change -0.001(12.5%)		Mkt cap ! $9.674M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$1.848K	263.9K

Buyers (Bids)

No.	Vol.	Price($)
17	3932809	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	1042294	5

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No.	Vol.	Price($)
17	3932809	0.007
9	3008999	0.006
7	1350009	0.005
2	1000000	0.004
2	675000	0.003

Price($)	Vol.	No.
0.008	1042294	5
0.009	2051840	10
0.010	843063	7
0.011	608791	4
0.012	466706	5

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