RFT 0.00% 0.7¢ rectifier technologies ltd

Tritium to merge with Decarbonisation Plus Aquistion Corporation and list on the NASDAQ, page-10

  1. 1,360 Posts.
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    If you put a bracket over a certain time period on the chart for CHPT or BLNK then its easy to say they arent doing well... Heck, i could snapshot a small portion of any companies chart and show you a downward trend.. but the fact of the matter is, since both CHPT and BLNK were taken over they have doubled and trippled in price respectively.

    After every peak there is a cooling off, this is exactly what you are seeing in CHPT and BLNK... Importantly, this has to happen to strengthen any share price before future leg ups. Various other things have occured whuch have influenced the share price growth too i.e. delta variant, fear of inflation, a growing awarness of overvalued stocks, heck, I could list all day....

    As the transition from ICE vehicles to BEV continues they will both rise no doubt.

    As for RFT, saying they peaked in january is a stretch...

    As you can see from the 3 year chart and the 10 year chart below, RFT peaked in July 2019. Since that time Covid has occured, and once again I could create a list a mile long that has created volatility... But they deffinitely did not peak in January 2021.

    To say that RFT has gained 400% value by increasing share price from .007 in October 2015 to .035 currently is to describe the below charts more accurately.

    In the more recent 1.5 years we have also seen RFT recover from the covid low of .025 in March 2020 to .035 currently.

    This stock, and CHPT and BLNK, are doing well. I would actually say great.

    So, most accurately:

    RFT is continuing a long term upward trajectory in a growing market with significant and growing government, technological and environmental tailwinds.

    Theres been a few breathers, times when prices have settled, but charging infastructure and technology is poised for strong growth, theres no doubt.


    https://hotcopper.com.au/data/attachments/3484/3484900-51c5b3c2cf8a01efc4742c9fa64ce217.jpg


    https://hotcopper.com.au/data/attachments/3484/3484889-c50bfd49aa41f9ff425723a3f81685cd.jpg

 
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Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $9.674M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $10.49K 1.353M

Buyers (Bids)

No. Vol. Price($)
19 7501412 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 364050 5
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Last trade - 15.17pm 21/06/2024 (20 minute delay) ?
RFT (ASX) Chart
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