Isn’t this more of a Bear case for RFT than a positive?

RFT is an Australian company with manufacturing in Malaysia, hardly a fit for Biden’s US focused ‘build back better’ plan.

I haven’t looked into it really deeply but I don’t see Tritium US expansion as resulting in more revenue for RFT.

I don't think Tritium's expansion in USA has much to do with RFT except for the fact that RFT now supplies products to Trititum.

I see it more as a case of "tainted by association". As tritium gets more press, so will it's associates.

But if/when Tritium gets some government incentives/orders, then it will naturally pass some of the dollars down the supply chain.

Would be good to understand if RFT's products are actually being used in Tritium's US chargers. Particularly if/when Tritium builds a US factory.

I work for a large global maufacturing company and our factory in X country often uses different suppliers to our factory in Y country, even though they're making the same product. This has to do with availability from sub-suppliers, local regulations on content or overseas imports and factory distance from the sub-supplier.

In my view it's quite possible that Tritium's US chargers have/will have very little, even zero, RFT content in them, decoupling Tritium's US growth from RFT.

@AUROPAL Agree, that is a risk.

Not that I am into technicals, but this stock seems to have little ability to hold onto gains, and there is a ceiling at roughly 8c.

My guess is the historical opacity of management is spooking the market (on top of broader issues), and only adds to the selling pressure as punters get out while they still can.

Still holding.

The poor investor relations and opacity of management is a big negative in my view as well @nerdag , it's one of the reasons I sold out on the previous pop to 7c.

Good pickup Wini.

I am not surprised by that increase in backlog as the EV Charger market is exploding. The pace of electrification just continues to increase and now with mining and commercial vehicles likes buses and trucks also ramping up it makes sense for Tritium to be expanding into higher power chargers, although I don't know if that will also flow on to RFT.

It could be complementary to the highbury? As the highbury is 7/11kw…. It would be interesting if RFT does the power engineering for the bigger units???

Still holding a small parcel of RFT in RL as it's the only EV play availalbe on the ASX and to keep me following it but I removed it from my Strawman portfolio because I have lost faith in the company. They are very poor at communication and as you say Wakem, lack transparency. Making it really hard to know if they have much of a future or not. There recent results certainly don't support that.