My feeling is that to get the market excited, they need to show that they can produce batteries in volume, sell them at a decent, profitable margin, and get sales in the door. So far, they’ve shown only one of these (sales), which is nearly useless without the other two.
Even this announcement makes no mention of the profitability of the contract. Without that, it’s just more of the same.
Ann: Funding approved for US Barona 6.6 MWh LDES project, page-11
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $29.07M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $8.152K | 73.71K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 198547 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 43465 | 3 |
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| Last trade - 12.04pm 11/07/2024 (20 minute delay) ? |
| RFX (ASX) Chart |