RFX 5.88% 9.0¢ redflow limited

Ann: Redflow Commercial Strategy Update May 2022, page-31

  1. 3,114 Posts.
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    No, I didn't take much interest in shorting and wasn't that worried. I bought a bit of RFX cheap. I have always liked the idea and there is an off chance that hope triumphs. There are a lot of issues to be addressed if they are going to make it and their success is by no means certain. Their current product is right for only a small percentage of installations. Full discharge capability and fire risk are their main selling points but mandatory full discharge, lower charge/discharge rates, size, moving parts/reliability, cost - the list goes on. It is not an easy sell. I hope that they get the chance in future to produce a hybrid off the shelf product that addresses many of these issues (excluding size) to give the product wider appeal. Dangerous time coming up for many companies that need funds to stay afloat.
 
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