I have a different perspective on this matter. Given the advancements in long-duration energy storage and Redflow's achievements so far, it appears that they are poised for significant growth. There is potential for either establishing a factory to expand operations in Thailand or receiving acquisition offers. Personally, I have a significant investment in Redflow and hold a strong belief in their future success. In fact, I recently purchased a considerable number of shares to double my existing holdings and intend to exercise my full entitlement in the upcoming offer.
RFX Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held