RFX is still too small company, and investment mandate of most funds would prohibit investment at this stage.
Which is the advantage for small investors, as we can build positions while shares are still cheap (considering the potential).
If RFX share price rises to let's say 12c, mcap of ~ $200M (including oppies that would be exercised) if will be in sight of some ETFs. And big interest (ethical supers, followed by others) will come once RFX gets included in All Ords (next rebalance in mid-2022) and then higher ASX indices. By then, RFX could be multi-bagger ansd they'll be paying higher price. But before all that can happen, we need to upsize ZBM3 manufacturing and make more batteries.
is RFX included in any ETFs?, page-3
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.74M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $19.56K | 183.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16938 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 25000 | 1 |
View Market Depth
| Last trade - 15.27pm 17/07/2024 (20 minute delay) ? |
| RFX (ASX) Chart |