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5.0¢ rlf agtech ltd

1. huge market. risk v reward.

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lobbo

257 Posts.

15

13/04/24

00:57

Post #: 73325309
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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

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1. huge market. risk v reward.

RLF Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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(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