RFX 8.57% 9.6¢ redflow limited

Ann: Redflow undertakes capital raising to deliver on growth, page-31

  1. 257 Posts.
    lightbulb Created with Sketch. 46
    For me to invest more of my hard earned I will need the next contract to be confirmed, both in size and revenue.
    In the investor presentation, pg 8 in "moving to close" it states contracts for 39MWh worth $32M. (Which includes 20MWh $18.5M CEC contract)
    So the next "moving to close" contract will be a similar size 19MWh but for only for $13.5M which if accurate is a terrible outcome.
    I am assuming everything in the presentation is in AUD.
    Everything else in the presentation if the same fluff and bubbles we have been hearing for a long time.
    The only measure of success is sales at a price that will make RFX profitable.

    Cheers, and goodluck

 
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