Massive. No doubt the $5m order was Tritium gearing up for this. Question is how big is the total contract worth? Considering RFT management confident of further purchase orders this year, suggests $5m is just a portion, could be plenty of revenue left.
Given we have confirmation of supplying Tritium's HPC's and now see an order for ~600 units, no reason RFT shouldn't be trading around that $50-60m market cap it is has reached in the past.
This time for a fundamental reason though, not day traders creating a pump and dump.
Massive. No doubt the $5m order was Tritium gearing up for this....
Add RFT (ASX) to my watchlist
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $17.96M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $5.026K | 397.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 450000 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 224000 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.4¢ | 1.2¢ | 539795 | ||
| Last updated 15.55pm 06/05/2024 ? | |||||
| RFT (ASX) Chart |