"Whilst the Optus deal is undeniably good news, a few hundred batteries does not justify a 4x increase in the SP" – I agree. It's a piddling little deal against what the company is capable of producing. If we can still use the company's estimate of 250 units per month the Optus deal is only two week's production. This investors won't be looking at the deal in a "this is as good as it gets" way. They will be stumping up against the possibility that this is the "coming of age" moment for Redflow; when the company changed from experimental / pilot / test / demonstration projects to winning a planned, all-in, committed-to-fully-operational programme with a major infrastructure player.
RFX Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held
(20min delay)