RFX 0.00% 9.7¢ redflow limited

Order book, page-29

  1. 598 Posts.
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    I am very new to this sort of thinking (this is my first post), so please tell me if I’m way off the mark...

    Been thinking about this a bit. Certainly sounds plausible, but if their production line has capacity to produce 250 units per month that they sell at $7500 each, the maximum possible turnover is $22.5M per year. Valuing at 40c per share puts the Market Cap around $220M - $250M. So those prices seem to be factoring a lot in for ‘potential’. Not saying the potential’s not there, but to justify 40c might need a bit more than belief that profitable operation is achievable. Still, it would not surprise me to see. Hence why I hold.
 
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