Had another look at the financials.
A remarkable turnaround in HY2 after a dismal 1st half.
# more than earsed HY1 loss to produce a profit for full year.
# NPAT margin in HY2 >10%.....An elite figure.
# Restored financial health to better 2023.
# R & D stayed on par with 2023.
# reduced inventories. The standout is that the $4m drop in inventories was mainly from finished goods & work in progress that we thought obsolete scrap that RFT will not be able to sell. On the other hand raw materials have actually increased by $2m.....They must see signs of recovery to stock up on raw material.
I have to say that the dismal 1st half falls squarely on poor oversight of the old board & the remarkable 2nd half is a credt to the new team we have been mocking.
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $11.05M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $1.14K | 144.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 125101 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 5571109 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 125101 | 0.008 |
20 | 2311690 | 0.007 |
9 | 2051492 | 0.006 |
9 | 2566843 | 0.005 |
3 | 2175000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 5571109 | 4 |
0.010 | 1162493 | 5 |
0.011 | 692914 | 1 |
0.012 | 2415355 | 7 |
0.013 | 455500 | 2 |
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