RDF 6.10% 43.5¢ redflex holdings limited

another buying opportunity, page-2

  1. 369 Posts.
    It strikes me as odd that such a strong performing share has such low liquidity. I can understand holders not wanting to sell but there seems to be very few buyers out there.

    The spread is pretty wide as well. If you take out the lowest 1300 sellers and the highest 1600 buyers the spread would be 366 to 385. No wonder the day to day price can seem volatile.

    I'm expecting the PE ratio to be much reduced at the half yearly financial statements which are due out at about the same time as the US ADR listing. There should be an investor briefing at that time as well. All that could give the the SP legs for another year of solid gains - I'm hoping for 100+

    Happy holding.
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Mkt cap ! $65.70M
Open High Low Value Volume
43.5¢ 43.5¢ 43.5¢ $624 1.435K

Buyers (Bids)

No. Vol. Price($)
1 7900 40.0¢

Sellers (Offers)

Price($) Vol. No.
43.5¢ 5518 2
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Last trade - 15.50pm 07/08/2020 (20 minute delay) ?
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