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1.1¢ rectifier technologies ltd

Wang Gand - Pudu, page-112

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dsaz8701

1,924 Posts.

148

24/04/24

12:49

Post #: 73496565
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Originally posted by 3500: ↑

Customer deposits/unearned income is not a loan.
it is a contractural agreement satisfied when RFT delivers the goods.
RFT will be in default if it fails to deliver the goods , but as far as I understand, if the buyer is in no position to receive the goods, RFT has no liability to repay the deposits if the buyer is defaulting.
We know that there is large inventory stock ready to be delivered.

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We don't know what the contract says? Sometimes deposits are refundable?

RFT Price at posting: 1.2¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $15.20M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$8.041K	730.9K

Buyers (Bids)

No.	Vol.	Price($)
1	2429	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	786775	9

View Market Depth

No.	Vol.	Price($)
1	2429	0.011
15	2427400	0.010
9	1735002	0.009
7	961201	0.008
3	658711	0.007

Price($)	Vol.	No.
0.012	786775	9
0.013	1005741	4
0.014	895706	8
0.015	654723	5
0.016	600000	2

Last trade - 11.59am 29/05/2024 (20 minute delay)


Last 1.1¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
1.1¢	1.1¢		1.1¢	197600
Last updated 10.55am 29/05/2024 ?

RFT (ASX) Chart