Probably the only thing I did not know is that there are about 60 batteries sold but not yet delivered and not included in the revenue. If counted, the half year sales would be over $1M. Unfortunately there is not much in terms of short term performance guidance. Let's see what they have to say in the conference call.
To be cashflow positive, they need to sell 4-5 times more batteries than they are doing now which I think may take a couple of years unless there is a surprise large sale in the near future.
I expect another 1 to 2 capital raising before cashflow positive.
- Forums
- ASX - By Stock
- RFX
- Ann: RFX 1H19 Investor Presentation
Ann: RFX 1H19 Investor Presentation, page-3
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RFX (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.63M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
RFX (ASX) Chart |
Day chart unavailable
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online