RDF 0.00% 90.0¢ redflex holdings limited

Sorry gents, but the numbers DO stack up. Consider the following...

  1. jrg
    60 Posts.
    Sorry gents, but the numbers DO stack up.

    Consider the following hypothetical scenario:

    Bid 1 - ATS beats RDF
    Bid 2 - ATS beats RDF
    Bid 3 - ATS beats RDF
    Bid 4 - RDF beats ATS
    Bid 5 - RDF beats XYZ, ATS not involved
    Bid 6 - RDF beats XYZ, ATS not involved
    Bid 7 - RDF beats XYZ, ATS not involved
    Bid 8 - RDF beats XYZ, ATS not involved

    Result - RDF wins 63% of contested contracts, and ATS wins 75% of head-to-heads with RDF. Both companies' statements are true.

    It's easy to get the statistics to mean whatever you want them to mean by only contesting those contracts where you know you have a good chance.

    jrg
 
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