RDF 0.00% 95.8¢ redflex holdings limited

re: s&p/asx 300--stoss and danr stoss, I did a few sums on...

  1. 688 Posts.
    re: s&p/asx 300--stoss and danr stoss, I did a few sums on Nestor/Redflex a while ago.

    If Redflex was listed on Nasdaq, even at the OTCBB multiple that Nestor is on now, the Redflex shareprice would be the equivalent of about A$5.50 to $6.

    danr, RDF was added to the S&P/ASX300 on 31st March. This triggered a buying surge, 25K, 30K, 50K bids that previously had been very scarce. The company has said it is being swamped with calls by funds most of whom have only just discovered the stock.

    Makes you wonder what the stockbroking and fund analysts do to earn their salaries, the potential of this one has been glaringly obvious for a year or more.
 
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