RFX redflow limited
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Ann: Redflow enters Voluntary Administration, page-28

  1. Arrr!
    265 Posts.
    lightbulb Created with Sketch. 163
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    23/08/24
    14:24
    Post #: 75344326
    I don't get it. Based on the last statement, they've got about a year of cash left. Last year they spent 9m, 4.5 of which was on R&D. They have customers buying the current version of the product. How about:
    • Give up on researching the new product
    • Make the current product profitable
    • Sack the CEO
    RFX Price at posting: 9.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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