RFT 18.2% 1.8¢ rectifier technologies ltd

More on this subject press release copied from GXY tread today...

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    More on this subject press release copied from GXY tread today by AOF. RFT seems to be completely undervalued ATM, particularly if consider that the company is already profit positive

    "Car boom sparks electric avenue for local innovator


    A QUEENSLAND company has struck a deal to help power a boom in electric vehicles in India. Brisbane-based Tritium Pty Ltd has signed a memorandum of understanding with the giant Tata automotive conglomerate to supply fast chargers. The potential is enormous with the subcontinent keen to encourage the introduction of alternatives to traditional petrol and diesel cars. From next month, incentives will be offered for the purchase of more than 1.5 million electric vehicles. The Indian Government wants electric vehicles to account for 15 per ent of total vehicle sales in the country within the next five years,” Queensland Premier Annastacia Palaszczuk said. Tritium was named Exporter of the Year at the 2018 Premier’s Export awards and received support through the State Government’s business development fund. "
 
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