Agree that we need a price that achieves a profit. Selling a product at below cost just means going broke faster. Regardless of production issues that may or may not be fully resolved, it seems that RFX's attempts to get the cost of production down with the ZBM3 have not been enough.
I take it now that RFX needs the X10 to be profitable. I am ok with the concept - ZBMs never made complete sense for large installations. I presume the X10 will literally be ten times the size/capacity of a ZBM (roughly the size of a shipping container). Even if RFX is able to get the X10 delivered in 1/2 the time of the ZBM3 it will be years and years away.
Ann: 6.6MWh US project recommended for grant funding, page-15
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Last
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Change
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Mkt cap ! $26.08M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $38.22K | 351.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 24 | 861842 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 11.0¢ | 279944 | 8 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 10.5¢ | 11.0¢ | 10.5¢ | 410602 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| RFX (ASX) Chart |