Eye That is a big call. I would not be that optimistic but the...

Eye
That is a big call. I would not be that optimistic but the one thing that seems certain is that the stock is heading higher over the long term.

I think the most significant point in the whole presentation is that RDF is looking to list ADR's in the US. If the US investors can trade RDF shares on there own market then the price will rise significantly. It has been written seveal times before that if RDF was a US listed company the PE multiple would be much higher.

The other key points are all well known to anyone who follows the stock

Revenue's growing rapidly
Profits Growing rapidly
Installed base growing rapidly

There was one that was not so obvious though, RDF has won 25 of the last 31 contracts decided. That is a remarkable statistic. From reading the ASX announcements you get the feeling that RDF has not been winning as many contracts recently. While this is true the reason is that the number of contracts being awarded has reduced. When the contract announcements pick up so will the RDF wins