RFX 4.76% 11.0¢ redflow limited

Post, In the Winter boys days . the prodigal son has entered the...

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    Post, In the Winter boys days . the prodigal son has entered the market with a product in the sector which he tried to steer Redflow . Rural and remote power , Redflow are also making traction in that sector according to the latest new release . I did a lot of report reading on the early trials Newcastle I think where houses were fitted out with Redflow as a wide area network. Some of the lesson learnt pointed to the need for qualified installer just small things like tightening bolts ( correct torque )became issue and they had problem's with being able to monitor the battery which they hadn't properly set up .When the board intervention happened most felt it was a good thing to transition from research to production mode but they didn't really bring the right people on board . New Zealand were also part of early trials so it good to see there return to the fold . The big sleeper at the moment is SSS they have been a supporter for a long time and IMO they will become a mainstay of sales in the future .
    Australia is a mining country and that sector is far larger than the telco with as much cash to spend and one of there biggest cost is diesel for power generation so I don't see why Redflow doesn't spread the effort to more than a narrow section of industry.
 
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