RFT 14.3% 0.8¢ rectifier technologies ltd

RFT and EFACEC, page-15

  1. 3,849 Posts.
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    Traded this stock in March but only managed to break even (this was at 1c). Today has been massive in terms of price and volume action, also blue sky on the charts past 1.6.

    Not surprised to see the gains holding so far considering the amount of volume(40mill traded) and the announcement. Key points for me were:

    *RFT provides rectifiers to Efacec for car chargers (as per previous ann) but now successfully integrated
    *Car charges highly efficient
    *Indoor/outdoor use with low heat production
    *Can create smaller designs
    *Ideal for car show rooms, malls, parking lots, homes etc etc...
    *Chargers tested with major industry leaders i.e. BMW, Siemens!
    *And the obvious one: Electric vehicle market is BOOMING!
 
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