another contract., page-3

Paul has summed up the position very well. RDF needed about 100 sites up and running in the US to cover the costs of their centralised processing facility (in Scottsdale, Arizona), but once past that hurdle, and with bank financing in the bag for future installations, it looks like they're off to the races. The Chicago business appears likely to be very profitable.

The precarious position of Poltech (out of cash, very little business this year, and lost 90% of its share value in the last year) is going to make it hard for any government department to enter into a contract with them. This unfortunate situation will obviously make it easier for RDF to increase their share the Australian market. Poltech predicted a win in the recent Hume Highway point-to-point contract - but the business went to Redflex. Is this a portent of things to come?

Prime1