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12.5%

0.7¢ rectifier technologies ltd

well saidRFT will run on technology breakout..the selling keep...

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pakkham

13,236 Posts.

690

05/02/20

15:30

Post #: 42761079
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Originally posted by justicej: ↑

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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well said
RFT will run on technology breakout..
the selling keep coming..
on earnings RFT should be 7 cents..
ehat is the catch

RFT Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 0.7¢		Change -0.001(12.5%)		Mkt cap ! $9.673M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$478	68.28K

Buyers (Bids)

No.	Vol.	Price($)
22	2264428	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	387893	3

View Market Depth

No.	Vol.	Price($)
22	2264428	0.007
11	2142492	0.006
9	2566843	0.005
4	3175000	0.004
3	1900000	0.003

Price($)	Vol.	No.
0.008	387893	3
0.009	5434998	4
0.010	1162493	5
0.011	692914	1
0.012	2415355	7

Last trade - 14.34pm 10/10/2024 (20 minute delay)

RFT (ASX) Chart

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