With respect to sales announcements on the ASX, these should only be occuring when there is a sales event that is significantly outside the normal course of business.As such the lack of sales announcements could be interpreted in two ways:
- Redflow isn't selling anything.
- Redflow is making sales inline with what management has projected (or finds reasonable), but there has been nothing significantly larger (e.g. a sale of 500 batteries or something).
I think most people assume the first scenario (and I probably lean that way) but it's possible that it's the second scenario.At some stage, sales like the Knox child care centre would become normal and no longer ASX announcement worthy. Maybe that point has occurred.
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