RDF redflex holdings limited

Stock price may wander around between 90 cents and $1 for a...

  1. 3,702 Posts.
    lightbulb Created with Sketch. 176
    Stock price may wander around between 90 cents and $1 for a day,week,month(not likely) before it pushes back through $1.

    Last attempt there was quite a bit of stock which changed hand around 98,99 so probably a lot of those wishing to sell have already done so and next time the price goes through $1 it may hold.

    There is no doubt at some stage the price will break through $1 and keep going it just a matter of time.

    This is one of the better growth stories on the ASX and as the profits finally start to flow in the next 12 months this will get re-rated to much higher levels.

    I am personally not planning to sell any stock under $3 and a hoping to get closer to $5 within 4 years
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.