I would not like to compare RFN with other sctrips to avoid cross selling problems with the MODs etc
Studied the one you mentioned also, but preferring RFN over the other one.
RFN is heading for a different league altogether over next few years.
Tony had compared RFN with another 265 mil MC play earlier , RFN should easily hit similar valuations over next year or two without any risk of equity dilutions as cash in hand and even the present level of sales is taking care of the burn rates for many many quarters.
Recent inductions are a great pointer to what is coming in Block chain space.
SP consolidation since May 2017 and mean reversion alone will take it up ten fold as starters over 2018 , however I have a high opinion of the mgmt team and so big time bullish over oncoming years.
As WB said we have to buy great cos when they are on the operating table, RFN has got out of it but still being priced like it is on one. Great for guys like me to get in now when RFN has got into the derisked high growth zone.
RFN chart, page-927
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Last
0.2¢ |
Change
0.001(100%) |
Mkt cap ! $1.223M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $88.85K | 46.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 65876400 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 500000 | 1 |
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| Last trade - 15.38pm 15/11/2024 (20 minute delay) ? |
| 1TT (ASX) Chart |