RFX 6.25% 9.0¢ redflow limited

Redflow NEWS & EVENTS, page-592

  1. 3,113 Posts.
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    RFX sp holding, even gaining from ~ 3.4c in this market is/would be a good sign. If RFX gets to a tipping point where they have market recognition and we see more and more positive news about their deployments, the debate as to whether they have a profitable market they can sell into will be over and the sp should follow. SimonGr's Gelion has cross over with Redflow, is behind still but moving quickly. It is a bit hard to tell if the product is any good yet because it is not really out there. Gelion needs more capital but also more time and if I were Gelion, and wanted to play dirty, part of my tactic, would be to try to delay and foul Redflow to give Gelion more of a chance of catching up. Whether Gelion is betamax to Redflow VHS or not, if Redflow gets more sales, and hence more recognition in the market place and the product continues to proves to be reliable, people will not care if it is betamax or VHS. There may also be room for both.
 
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Last
9.0¢
Change
-0.006(6.25%)
Mkt cap ! $23.78M
Open High Low Value Volume
9.6¢ 9.8¢ 9.0¢ $142.3K 1.506M

Buyers (Bids)

No. Vol. Price($)
2 25659 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.3¢ 5396 1
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Last trade - 15.17pm 21/06/2024 (20 minute delay) ?
RFX (ASX) Chart
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