RFT 0.00% 0.8¢ rectifier technologies ltd

RFT supplies Tritium whom supplies IONITY, page-45

  1. 4,906 Posts.
    lightbulb Created with Sketch. 343
    Well this is a no brainer. We approached  this level on the chart  over 2 years ago based on hype.
    Now with a new expanded manufacturing facility, cash in the bank, no increase in shares on issue, a superior product on the market verified by a world leading EVSE manufacturer, Tritium ( Efacec confirmation will follow imo) in a sector about to take off / Ultra Fast Chargers, which barely existed 12 months ago.
    At the end of the day we are lucky to have a dozen Stations with Ultra Fast Chargers on line. At the last count there where over 1000 Stations ( not chargers) planned via various network operators around the world and we  are only 12 months in. And another, "Electrify Canada" has just popped up today.

    As for RFT, around 4 cents is resistance, once we break above this and we hear more positive news which is also a no brainer in relation to what going on in this sector, we should be able to say goodbye to below the 4's as we enter blue sky and a new trading range.........all in my opinion and..........GLTAH....it has been a long wait for some but the time has come...........Cheers

    rft.png
 
watchlist Created with Sketch. Add RFT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.