RFX 0.00% 9.7¢ redflow limited

Ann: Redflow continues Board renewal, page-12

  1. 699 Posts.
    lightbulb Created with Sketch. 113
    From your own post on hot copper there is a backlog of uncompleted sale awaiting to be filled so the huge surplus you speak of is just not there at this time . No one is suggesting you need a huge surplus but a small one is required to meet customer expectation of on time delivery.It is time to start the sale pipeline again. At the end of the day this period is just the start and the current factory is just the beginning . Its a pilot plant to prove concept nothing more nothing less . Because of size constraints it has no capacity to go further than CFP if in fact it is capable of that. Since the CFP announcement last year Redflow has been adding cost to the bottom line which will make CFP hard to achieve. Without CFP Redflow may need to do another CR and at a discount to the current share price would drive the share price even lower . How low can you go before the market decides enough is enough.
 
watchlist Created with Sketch. Add RFX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.