For point 2 there is sales in Australia according to the latest...

First 10 Last

Share
Profile

Follow
edgck

1,765 Posts.

115

12/04/24

22:59

Post #: 73324779
Share

Originally posted by edgck: ↑

Yep it is a pity. I also exited.

Some things I didn't like were
1. Too much focus selling in Asia and China which presents some regional risk
2. Hardly any updates on Australia - if the product is so good, why isn't there any update or info on sales in Oz.
3. There was also the misreporting in one of the quarterlies which I picked up (can't remember if it was last year or year before)
4. The seasonal nature of their cashflows where they have one quarter where nearly all cash is spent increasing inventory to sell into for future quarters. This may be due to RLF selling into Asia only. So having an extra region will diversify the cashflow movement.

If we can at least get point 2 sorted with some sales info in Aus, then perhaps things will stabilise.

I'm still watching though. I think at 7c this represents extreme value as it is below the price paid for the pre-ipo holders that had options at 10c.

Didn't mean to make things worse but these I believe are the obvious points why there has been a lack of traction on the share price.
disc: not held

Expand

For point 2 there is sales in Australia according to the latest report, but it is not much compared to China (about 600K)
But going to that point, they should be marketing heavily to Australia given this is an Australian company. Or trying to get their products established locally as a priority to reduce cost overheads.

RLF Price at posting: 7.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

LRD

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin jumps 8% to beat record on Trump vote optimism

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

First 10 Last

Add RLF (ASX) to my watchlist

(20min delay)
Last 5.0¢		Change 0.000(0.00%)		Mkt cap ! $11.67M

Open	High	Low	Value	Volume
4.9¢	5.0¢	4.9¢	$1.983K	40K

Buyers (Bids)

No.	Vol.	Price($)
2	138920	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	5220	1

View Market Depth

No.	Vol.	Price($)
2	138920	0.036
1	15000	0.035
1	18448	0.032
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.050	5220	1
0.055	5000	1
0.056	59210	1
0.061	100000	1
0.062	330000	1

Last trade - 14.09pm 06/11/2024 (20 minute delay)

RLF (ASX) Chart

For point 2 there is sales in Australia according to the latest...

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin jumps 8% to beat record on Trump vote optimism

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

For point 2 there is sales in Australia according to the latest...

Top Stories

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin jumps 8% to beat record on Trump vote optimism

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News