It is unfortunate for current Redflex shareholders that what is likely (hopefully) an isolated incident by one or a few employees could have major implications across the whole North American division. Redflex is fundamentally a reasonable business that produces good products. The whack to the share price will likely get some investors interested but given the potential ramifications from the Chicago allegations, it may be better to adopt a wait and see approach.
RDF Price at posting:
83.0¢ Sentiment: Hold Disclosure: Held
