Insider Buying: Rectifier Technologies Limited (ASX:RFT) Insider Acquires 1,189,350 Shares of Stock

Rectifier Technologies Limited (ASX:RFTGet Free Report) insider Zorn Wong purchased 1,189,350 shares of the business’s stock in a transaction dated Friday, May 3rd. The shares were purchased at an average cost of A$0.02 ($0.01) per share, with a total value of A$20,218.95 ($13,390.03).

Zorn Wong also recently made the following trade(s):

  • On Tuesday, April 30th, Zorn Wong bought 31,010,650 shares of Rectifier Technologies stock. The shares were acquired at an average price of A$0.02 ($0.01) per share, with a total value of A$527,181.05 ($349,126.52).

Rectifier Technologies Stock Performance

The company has a debt-to-equity ratio of 20.00, a quick ratio of 1.16 and a current ratio of 1.67.

About Rectifier Technologies

(Get Free Report)

Rectifier Technologies Limited, together with its subsidiaries, designs and manufactures power rectifiers in Australia, Asia, North America, South America, Europe, and Oceania. It operates in four segments: Electronic Components; Electricity generation/ Distribution and Defence; Transport and Telecommunication; and Electric vehicles.

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