RFT 0.00% 0.8¢ rectifier technologies ltd

More fodder for RFT chargers in Australia, page-4

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    Like you I have been following this for a while. Seems to have some real potential but with a PE of 32 I think that for the time being that potential is built into the price. I would be thinking about getting in if they showed guidance of about double or just below the current net profit. It is my belief that the exclusivity agreement they had with Tritium may have been holding them back. Their sales were pegged to Tritium's ability to market the EV units and that will no longer be the case. Surely they would not be increasing their factories and unit outputs if they did not have some real indication of increased sales. All IMO.
 
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