I don't understand what you mean by RFT being in a downtrend. Just looks like it is trending nowhere... little up, little down on the share price front.
Never see my money again... I don't really care. Life is not about money... on the plus side:
Earnings look to be in an uptrend. Share prices usually don't go down(much) when profits increase by large amounts. And if it is not going down, then usually the share price rises. If RFT will rise much? Who could say? We'll need to wait another 6 months probably to see if the earnings trend is continuing. Between now and then I'd be surprised if it trades lower than 4.5c. On the upside it will be influenced by announcements(of which there has historically not been many). So I think it will trade somewhere between 4.5c and 7c(if we are lucky) till some new announcement is released. I'm leaning more to the positive than negative side. I think the December half year will be strong, but that is just a guess based on what I already explained.
Ann: Preliminary Final Report, page-91
Add RFT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.82M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $1.782K | 197.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 420000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2732848 | 3 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
0.9¢ |
Change
0.000 ( 10.0 %) |
||||
| Open | High | Low | Volume | ||
| 0.9¢ | 1.0¢ | 0.9¢ | 917856 | ||
| Last updated 15.47pm 07/06/2024 ? | |||||
| RFT (ASX) Chart |