Ok, so they raised $4.9 million.
The strategy called for $6.25.
$1.3 million short.
This could have been a lot worse....Imagine if the announcement was that Redflow only raised $2 million or $1 million.
It is 2020. Nothing in the world is going according to plan.
While the $4.9 million not as much as hoped for, I would suggest this isn't the end of Redflow.
I am confident that with some creative thinking they will have enough that the development of Gen3 will continue and that development be completed with a great battery for 2021 and beyond.
Ok, so they raised $4.9 million. The strategy called for $6.25....
Add RFX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
0.015(14.3%) |
Mkt cap ! $31.71M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 12.0¢ | 10.5¢ | $1.133K | 9.692K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 195500 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 145942 | 3 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| RFX (ASX) Chart |