Their half yearly report of 25 Feb does not really paint an encouraging picture for the short term, with high A$, litigations in the US, etc. and the SP certainly reflects this, and with such low volumes, it is a brave man who would predict how low it will go. One newsletter gave an accumulation recommendation when the SP was at 2.50 and there is no doubt that the company has a good product. I guess we need an announcement of a big new contract, preferably outside the US, before the turnaround will copme.
RDF Price at posting:
$1.79 Sentiment: Hold Disclosure: Not Held
