Ann: Redflow enters Voluntary Administration, page-80

@tanon,

Good question as I was thinking along broader but similar lines.

As a general premise, there is always money around capital markets if there is money to be made.

As Redflow have stated, "significant matching funding from the Australian Capital market" could not be achieved.

Was this due to lack of confidence or too higher risk in believing the Redflow Board and management could not deliver, or there were major concerns regarding the technology being commercial viable?

Or maybe the capital injection was too higher risk considering the time-frame to see a potential return for at least anither 2-3 years.

I do not know and just posing the question, but clearly the capital market did not have confidence considering the favourable environment, existing large customers and Government commitments.

If it was management, then that could easily be fixed, but if its something to do with the technology, then that present a conundrum.

IMO and just ruminating.