Redflow NEWS & EVENTS, page-646

Agree. Stating the obvious, but if RFX don't convert their prospects to sales, and then back this up with more of both, RFX will continue the drift lower. Dropping down to 3.2c, albeit on low volume and just for a short while so far, is a bad look. RFX don't have long to close deals and buyers tend to postpone when they see on the horizon: potential recession, increasing interest rates and ongoing geopolitical uncertainty. Options look like expiring without being taken up. Without sales RFX will need a cr again - old investors eventually tap out and and so far, the financial record is not there to attract new investors.