RFT 18.2% 0.9¢ rectifier technologies ltd

Ann: Notice of Annual General Meeting , page-4

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  1. 7,636 Posts.
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    bsh,
    They only issued 20m shares to Mr Wang as consulting fees....That is $20Ks.
    51% is concentrated in 2 hands....Don't see major hands selling below 0.005.
    I have some reservations about the overwhelming presence of Chinese nationals on the register....May deter bigger hands that could be interested.
    P/S ratio of 0.3 in a bullish sector is dirt cheap.....SMA has a P/S ratio of 66.....Could be a reflection of lack of exponential growth in RFTs earnings or profit margins.
    We wait & see...They seem to be turning a corner.....A slight improvement in profit margins or expenses should see RFT with a PE of 2.....Barring any further dilution.
 
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Last
0.9¢
Change
-0.002(18.2%)
Mkt cap ! $12.43M
Open High Low Value Volume
0.9¢ 0.9¢ 0.9¢ $3.992K 443.5K

Buyers (Bids)

No. Vol. Price($)
3 1333997 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 8880100 2
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Last trade - 13.02pm 13/11/2024 (20 minute delay) ?
RFT (ASX) Chart
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