Pretty solid result IMO. New business running below the massive FY20 result, but still about double FY19 and even more vs FY18 (despite Covid dampening travel and contract activity).
How much traffic volumes will effect FY21 revenues is of course unclear, but continued new business sales positions RDF when for the eventual rebound. I picked up a few more recently at 36c replacing those I sold in the covid decline. Happy to hold. I’m betting that at some point in next 12 months RDF will win another big contract and share will re-rate.
Add to My Watchlist
What is My Watchlist?