strong start today as well Reason for the strong price is future...

strong start today as well Reason for the strong price is future earnings. If you get onto there website www.redflex.com.au and read the intersuisse report from earlier this year you will see what the business model is all about and the potential for it. Just for the record - Nestor one of there competitors in the states who is not even in the same league as Redflex makes redflex current share valuation cheap by Nasdaq standards as RDF would be between 5.50AUD-6.00AUD on the same valuations.

The other reason is and the main reason is that this maiden full year profit solidifies the fact that the business model works and is highly profitable especially in the next 2-3 years. Check posts from Paul100 and Hot Rod who have done alot of research on it and you will see why the interest.