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Last edited 4 years ago
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#ASX announcement
stale
Added 4 years ago

what is everyone's thoughts on the below?
 

In December 2018, Rectifier Technologies Ltd (Company) signed a Preferred Supplier Agreement with Tritium Pty Ltd for the supply of 35KW high-voltage and high-efficiency power supply units for a contract period of 24 months with an option to sign a further 12 months after the expiry of the initial 24 months term of the contract.
The contract included a 12-month period of exclusive supply and purchase to be evaluated annually. It has been agreed that this exclusive supply and purchase period will not be extended, allowing Rectifier Technologies to identify and supply to 35KW high-voltage and high-efficiency power supply units to new customers for the remainder of the contract. It is not anticipated that the ceasing of exclusivity under this agreement will have a negative impact on Company sales. 

#Bull Case
stale
Last edited 5 years ago

What are people's thoughts on Shorten's announcement of 50% of new car sales to be electric cars by 2030 and how that could influence Tritium and by default- RFT (or maybe even RFT by itself).

I do understand that:

1) Shorten would need to be elected before this is a policy 

2) the policy needs to be written

3) it'll need to pass both houses so may be very different in the end.

Just curious to know people's thoughts!

Also to combine this with their announcements for local jobs and manufacturing for major contracts (can you tell I follow politics?).

Links about both are below:

https://www.energymatters.com.au/renewable-news/ev-goal-half-new-cars-sold-electric/

https://www.smh.com.au/politics/federal/labor-promises-more-local-jobs-with-procurement-plan-20190120-p50sip.html