RFT 0.00% 0.8¢ rectifier technologies ltd

Tritium Sold to India's Exicom

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    One of Rectifier's largest clients, Tritium has been sold to Exicom. Should provide some more certainty on future orders and payments.

    "Indian EV-charging company Exicom has paid $US29.6 million ($45 million) for collapsed Brisbane-based electric vehicle fast-charger manufacturer Tritium.Energy investor Trevor St Baker, a former coal baron and one of the early backers of Tritium, says Exicom has snared a big bargain."

    https://www.copyright link/companies/transport/former-rich-lister-applauds-tritium-sale-despite-100m-up-in-smoke-20240809-p5k10u
 
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