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14.3%

0.8¢ rectifier technologies ltd

BP buys Chargemaster, page-27

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boiler

4,906 Posts.

343

03/07/18

19:09

Post #: 34115742
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Originally posted by BRAGG ↑

Hi Boiler. Appreciate your research. The price BP paid to acquire Chargepoint was $170m US, or about A$230m. Chargepoint runs a pubic network of more than 6500EV charging points and designs, builds, sell and maintains EV charging units. This compares to RFT's maket cap of around $40m, a lot of which relates to its legacy businesses unrelated to the ev market. So I think RFT has a much smaller footprint in the ev segment. Interestingly BP has also invested in a startup business Store Dot which aims to charge a car in 5 minutes. I just view RFT as a manufacturer and supplier of parts and equipment, with a base in Asia, and if it can do that well then it should participate in the growth that's starting. I'm not sure that it has the technology or resources to be a leading innovator (though happy to be proven wrong).

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All good so "Chargemaster" is valued at 5.75 times RFT's MC not 4.25 times. Thanks for your opinion we need more posters willing to post their opinion so we can expand our thoughts on the rectifier....I'm taking a family break .... all the best.

Last edited by boiler: 03/07/18

RFT Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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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¢	$1.985K	255K

Buyers (Bids)

No.	Vol.	Price($)
1	71571	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	17156032	11

View Market Depth

No.	Vol.	Price($)
1	71571	0.007
21	4099714	0.006
13	2277962	0.005
2	1000000	0.004
2	765001	0.003

Price($)	Vol.	No.
0.008	17156032	11
0.009	501930	2
0.010	178211	4
0.011	359000	3
0.012	72003	2

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