Ann: National Battery Strategy, page-19

Hi frostieshake - I threw some in to the CR, but equally not expecting a great take-up rate (given the obvious share price suppression during the offer period). However I don't think the company will have any troubles placing the shares with new institutional investors, in light of the company's promising technology, established presence in LDES industry and what is shaping up to be a very favourable government policy backdrop.

Believe the company will finally have its moment in the sun. But yes i also agonised over the CR, but weighing up all variables at play - believe the clear supportive government policy will triumph and help RFX through what has been a very challenging period of slow technology adoption, manufacturing facility headaches, fierce international competitive landscape etc. Tipped in with gritted teeth but overall sense Redflow's time has finally come.