Ann: Redflow enters Voluntary Administration, page-82

  1. 3,165 Posts.
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    Hundreds of millions spent and nothing to show for it :-(. If ZnBr flow batteries and RFX was not simply a con then I think this lot should hand over to a few good men (and/or women) with commitment and skin in the game. RFX should recommit to the ZBM as both a niche and a transition product, and recommit to delivering the X10, what ever it takes. Taking the maybe take the top 300 shareholders and offering to go private is an option that could be explored. There is easily enough capital around if robust and reliable products could be produced.
 
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