re: rdf - prediction $3 by the end of the year seems quite...

re: rdf - prediction $3 by the end of the year seems quite feasible to me but nothing is certain except that RDF will be higher by December than it is now.

Between now and December there will be plenty of positive announcements from the traffic division and hopefully a few from the communications division. The key periods will be early August just after the full year results are announced. I would be pretty confident that they will make the $3m forecast which is the first key milestone.

However I think the real catalyst will come from the AGM. By the time they get to the AGM in late Nov they should be able to claim that installed camera's in the US are 400, versus 300 in June and 200 at the previous AGM. All they really will have to do is update the previous years AGM presentation with the latest revenue and profit growth numbers for the last 12 months and this should really excite investors.

Follow the the AGM with a few investor presentations on what the company has achieved and where it is heading to get a few more investors interested.

Also as the price does rise they get closer to entering the ASX200. Once this happens a lot more large investors will take a look creating more buying pressure.

At some stage script will get very short in this stock. There is currently a lot of shares held by long term investors which reduces the number available for new investors.

At some stage this stock will reach $3 on its way to much higher prices

Just keep holding if you want to make easy money