Nice analysis there Prime1 :)The mind really boggles at the...

Nice analysis there Prime1 :)

The mind really boggles at the potential earnings of this company. Let's face it - what a brilliant strategy. They provide, install, maintain and run the cameras at no cost to the borough/council/whatever, and take 50% of the rake-off. But look at it from the other side - the borough's side - they get 50% of all the take - FOR NOTHING! No cost to them, no maintenance, and huge income. How could they possibly knock back an offer like that?

If Redflex keep on the way they are going, then the sky is the limit. I, for one, am going to keep topping up my already large-ish holding, at each retracement.

I started buying at $1.04, and have consistently topped up since then with an average buy price now of $2.59

But like any good trader/investor, I have my stops set. Just a bit loose for RDF though, to allow a bit of room to move.

Keep on keeping on :)