The CBA price prediction is without timeframe as true wealth accumulation is really about creeping gradualism.
However the closest model I can relate to in respect of Redflex would be Cochlear which developed a world class product and has continued to extend the differentiated product mix by careful acquisition and resarch into the bionic ear.
I see great similiarities and potentially similiar time frames between these two.
I wonder where the script will come from to enable a greater spread of substantial share register occupants with the current liquidity issues. I still think it is appropriate to undertake a further capital raising from current shareholders on similiar beneficial terms as the last one. This would permit further reirement of the credit facility,reward the current holders and presumably add something to the available shares for acquisition from current holders at their determination.
The alternative is a disordered market with significant volatility and therefore reduced credibility in respect of the capital raisings which will be necessary if this company is to be a truly global player
The CBA price prediction is without timeframe as true wealth...
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