RFX 0.00% 10.5¢ redflow limited

Ann: Appendix 4C - quarterly, page-18

  1. 335 Posts.
    yes imo they should be providing more detail especially once production increases and investors can use the detail to try and estimate margins on the batteries and from there approximate when break-even will occur and profitability after that. Companies in general I find fail to meet their obligations in some way or another each in different ways. I have thought about raising the issue with ASX, whilst I've never done this myself I have seen some stocks forced to respond to ASX queries that appeared to have originated from investor concerns. I encourage you or anyone else to raise issues with ASX regarding RFX or any other company so they are reminded of their obligations I would be interested to see what happens.

    edit:
    I rarely do a TA, but looking at the trading volume and spread today it seems we are at a crossroads. It is my impression that the announcements yesterday were well received and generally considered to be positive news for the company, but on the other end there is strong apprehension due to the recent movements. Again, I'm interested to see what happens.
    Last edited by NewEconomy: 31/01/17
 
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