RFX 0.00% 9.8¢ redflow limited

Ann: Redflow completes 2 MWh installation in California, page-56

  1. 327 Posts.
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    What is the bad news though? Testing fail? Teething issues? No orders at all?

    The volumes meanwhile have been awful: the price has collapsed circa 35% in the past month on about 18 million traded shares, totalling around 850k or 1.5% of the market cap.

    What this shows is lack of demand which comes back to the age old issue for this company of complete lack of name recognition. They are now being punished for it, because on fundamentals from what has been disclosed to market (and non disclosure just invites CAs) it shouldn't have deserved the significant bear action.

    I mean the least they could do would be to find something to crow about and get out on social media every day: it costs nothing but achieves more than what doing nothing does...
    Last edited by Deloached: 28/01/22
 
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