Did you manage to get in today? Got the feeling from your post you were a little scorned?
The Optus deal was for a minimum of 56 sites and the amount of batteries is actually immaterial largely to the recent share price appreciation.
The share price appreciation is a reflection of Redflow receiving validation by a major market maker in Optus.
If Optus are signing off on a particularly large and comprehensive project with Redflow, it means we stood up to a pretty vigorous & competitive tender process.
I hope you managed to capitalise on today's market volatility because the Redflow market cap could be $500m inside a few months on the right winds.
We now know after Optus the Redflow product is good enough for top tier customers- This means we are good enough for grid storage and the story is only likely to get better for shareholders with the Gen 3 battery coming online and policy makers set to pass strong financial and legislative support in the US senate shortly.
Cheers.
RFX Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held
(20min delay)