RFX 4.76% 11.0¢ redflow limited

About what I suspected.Which... okay, I can accept cautious...

  1. sjl
    1,212 Posts.
    lightbulb Created with Sketch. 328
    About what I suspected.

    Which... okay, I can accept cautious optimism. But the track record here isn't great, and my deepest concern is that they'll repeat the issues they had with the ZBM in the X10. This gets back to my earlier comments about transparency and honesty; if management had been transparent and honest about the issues they've had with the ZBM, it would engender a greater degree of trust and confidence in the X10. As it stands, though, I'd be very cautious about assuming that it's all going to be sweetness and light and rainbows and unicorns from here. There's a lot of room for things to go pear shaped, and not much margin for things to go right.

    As I've consistently said, this is not me wishing the company ill. It's simply my view on how I think things are likely to go. Time will tell, and I would be absolutely thrilled if my caution turns out to be misplaced.
 
watchlist Created with Sketch. Add RFX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.