RFX 0.00% 9.7¢ redflow limited

Subscribe to SPP or not?, page-14

  1. 805 Posts.
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    It is now business as usual now that the current government is staying put.

    GSL (Greatcell) went under in part due to lack of government support. Recent Fed government policy changes resulting in a bit of a R&D tax rebate claw back and as such a debt to the tax department.

    There needs to be leadership by the government to ensure all the right policy frameworks are in place to facilitate the introduction of (Redflow) batteries into the energy grid. That won't be happening for at least another 3 years.

    It will be up to Redflow to succeed with the current status quo and I believe they can still do it.

    I've taken up my rights. They need the money and buying on market doesn't give it to them. You make be able to buy share cheap on market, but what is the point if they can't succeed due to lack of shareholder support.
 
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