RFX 0.00% 9.7¢ redflow limited

Ann: Half Yearly Report and Accounts, page-22

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  1. 7,247 Posts.
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    Is it Flex's fault that every ZBM is held back for testing before delivery or is it Hacketts obsession with perfection ? Or is there some problem with the ZBM ? There seems to be an equal obsession by shareholders to avoid laying any blame on CEO Hackett or to question his performance as a manager. This I imagine is based on the success of his previous business.

    This whole rollout of the ZBM's has been dragging on for so long that all the advantages, claimed by Redflow, of the ZBM over the Lithium ion batteries no longer applies, with the latest introduction of the Lithium battery to Australia from California, which has been endorsed by the US military for its ruggedness and safety qualities.

    Even though it has been around for years Redflow doesn't appear to be able to get a ZBM out there that they are sure of or happy with.
 
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