RWC 0.71% $4.93 reliance worldwide corporation limited

No brainer, page-7

  1. 2 Posts.
    The point you raise is valid and deserves further attention and discussion.

    There is always a risk with new technology that has not yet stood the test of time.

    O-rings are not new technology, they have been used in the plumbing industry for over 100 years, so as a method of sealing they have proven their service value and performance. I understand some “hard” joint compression systems also use an o-ring as a backup to ensure long term sealing.

    As an investor, I raised your concern with RWC and their response was, Sharkbite products have been used widely around the world now for 17 years with no issues of deterioration of the o-ring. They are very confident of their products performance, the result of intensive design engineering and testing, combined with the quality of the materials used, strict manufacturing techniques and quality control throughout the production process.
 
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