RFT 12.5% 0.7¢ rectifier technologies ltd

I’ve just discovered this stock while searching for listed EV...

  1. jir
    66 Posts.
    lightbulb Created with Sketch. 3
    I’ve just discovered this stock while searching for listed EV related infrastructure companies. After reading the website and various announcements, particularly financials, I can’t see any downside other than its ability to rapidly scale. Which I’d say will be the only thing that will hold it back as EVs explode onto the scene.

    The Gov incentive of FBT free leasing on EVs is the biggest tax scam of all time and in my workplace is driving a frenzy of people signing up, you’d be crazy not to as it’s almost a free car. The speed at which EVs will start appearing on the road will accelerate more rapidly than people think.

    I believe that the amount of froth that’s about to pile into stocks like this is massive over the next 12-18 months. This is a bargain of epic proportions.
 
watchlist Created with Sketch. Add RFT (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 12.34pm 19/06/2024 (20 minute delay) ?
RFT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.