I don't think the tritium failure will have as big as an effect on the fundamentals of RFT as it will on the share price.
Tritium ordered those components under contract, thus they will have to accept and pay for them unless Tritium goes into liquidation. From all I can see tritium will not be going into liquidation.
If Tritium does go into liquidation, RFT would have to be near the top of the list of people having a cheap claim on assets. We will see.
Put bluntly, the liquidation of Tritium (should it occur) may have a short term downward effect on RFT finances but could present a business/financial opportunity in itself.
Long term, the failure of Tritium does not change the fundamentals of RFT and the products/services they provide. The EV market has significant headwinds and RFT will find more customers to sell stock to.
I don't think the tritium failure will have as big as an effect...
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $9.674M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $1.848K | 263.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 3932809 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1042294 | 5 |
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| Last trade - 12.34pm 19/06/2024 (20 minute delay) ? |
| RFT (ASX) Chart |