RFX 0.00% 9.7¢ redflow limited

1/ We have already taken part in the CR as previously indicated....

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  1. 3,892 Posts.
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    1/ We have already taken part in the CR as previously indicated. But you are correct, I never promised to take part, we decided to. That was by cashing in a portion of another holding. Was this another assumption on your part? We are a family partnership, I post, she keeps up with corporate FB posts.

    2/ Both of our other investments are in fact green, comfortably above our net average. This one is still suffering from the 10:1 consolidation even though it shows green.

    3/ Your advice from 22 May, "first step first … will they get any money from this CR. Without it there’s no Feas study" does not stack up.

    In the Risks section of the Prospectus, section 4.2 (g) New Manufacturing Facility, on page 32, is this, with highlighting to assist you;
    https://hotcopper.com.au/data/attachments/6193/6193944-a0428365629aa2471955f984cd27f190.jpg
    From page 32 of https://wcsecure.weblink.com.au/pdf/RFX/02795358.pdf

    Put simply, Redflow have stated the feasibility study was already in progress at the time the CR Prospectus was released to the ASX on 15 April.


 
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