Ann: Redflow enters Voluntary Administration, page-23

hi dyode and all long term holders.

a very disappointing day, but one I thought was coming 6 months ago.... which is why I got out.

this was among my first buys on ASX. back in '15....

what went wrong? will we ever find out?

my guess is inadequately funding due to reluctance to do a serious CR that enabled the construction of a larger manufacturing plant years ago. this limited the production and so with orders coming in but inadequate funds to increase production I saw the impossibility of meeting such orders.

the problem is at Tim's feet. he wasn't forward thinking enough imo.

one;y my thoughts, not a qualified statement dyor.

but damn this is a bitter disappointment. they have a terrific product that should have soared in the global push to increase energy storage.