RFT 12.5% 0.7¢ rectifier technologies ltd

Tritium to merge with Decarbonisation Plus Aquistion Corporation and list on the NASDAQ, page-14

  1. 54 Posts.
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    Ok been a while since I posted.

    Of recent, I have been really frustrated and was looking to exit my position entirely in RFT until today.....

    Looks like BHP have teamed up with Tritium for HP Chargers.

    https://www.bloomberg.com/news/articles/2021-08-24/bhp-turns-to-electric-pickups-to-help-tackle-mining-emissions?utm_source=google&utm_medium=bd&cmpId=google

    BHP has recently announced it is going to sell off it's oil and gas divisions to Woodside and inturn will be cashed up.

    BHP is focused on becoming emissions free and has committed spending a lot of money in the renewables space.

    It is looking to move its entire fleet to BEV for which it will require HPC chargers - and inturn this is where RFTs exclusive agreement with Tritium should come in play.

    RFT somehow finds a way to disappoint over and over, but hopefully the tied turns.

    I guess I'll stick around for atleast another 6 months to see how this pans out.

    Good luck to all new and remaining long term holders.


 
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