RFT 14.3% 0.8¢ rectifier technologies ltd

RFT - news article, page-2

  1. 181 Posts.
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    Thanks for posting that, further validation of the company's transition from development to ramping sales in the EV space.

    I attended the AGM last year, my big take was that this company has a leading solution to a problem that is not fully in view yet. For me, owning RFT is essentially an asymmetrical bet on the transition to EVs - if the transition happens then RFT is going to be many multiples of its current price, and if it doesn't then the current price is about fair value given RFT's technical capabilities across a diverse range of industries in a world where advanced manufacturers like this will always have demand. All the evidence points to the EV transitioning happening, but I think it will be 2 or 3 years before that reality is hitting people in the face.

    That said, the way TSLA has taken off, at least some parts of the global market are heavily backing that new reality coming into view sooner rather than later.

 
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