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0.7¢ rectifier technologies ltd

Why do you care mate? you are not invested! I am not getting...

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Pariselec

187 Posts.

32

07/03/24

14:05

Post #: 72794490
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Originally posted by l1l1l1: ↑

The chairman is not running the business, he has had little to do with the problems that are facing the company. Calling a special resolution will do nothing to resolve the following issue. There is no resolution that goes "make my Invesment better"
It basically has 11.2 m in payables, 4.2 in cash and 19.4 in inventories. We do not know how much in inventory is earmarked for Tritium. If it is close to 1/2, when we have close to 10 million in inventories that will have to be written off, as it is not suitable for any other customer. This leaves the company with approx. 4.2 in cash that has to pay its current costs. As of yet it does not have another contract to take up tritium's place.

Pariselec, you should be planning for what happens if the investment you have in RFT goes to zero. is there a SO that you need to update on this?

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Why do you care mate? you are not invested!

I am not getting into back and forth about the convoluted logic you employ. But is the guy fixing the imaginary problem you think the business has? Do you know that? How do you know? What is your source? Is the solution to get rid of the founders at board level?

RFT Price at posting: 3.6¢ Sentiment: None Disclosure: Held
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(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

No.	Vol.	Price($)
17	3932809	0.007
9	3008999	0.006
7	1350009	0.005
2	1000000	0.004
2	675000	0.003

Price($)	Vol.	No.
0.008	1042294	5
0.009	2051840	10
0.010	843063	7
0.011	608791	4
0.012	466706	5

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