AGL just announced a big battery in QLD to be built by Vena Energy, a foreign company. Once again Redflow is MIA, despite the touting of their battery. I've been watching this Co. for years, but due to management, would never invest in it. In my opinion, they don't know what they're doing; flip-flopping from residential installs, to container-size installs, to now commercial installs, all of which haven't made any significant sales, because they refuse to accept their product is over-priced when compared to the competition. Until this changes, the cycle of capital raisings will continue, with further erosion of share holder's capital.
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AGL just announced a big battery in QLD to be built by Vena...
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