Ann: Redflow enters Voluntary Administration, page-93

yep production was always going to be a problem. lots of plans carefully laid but inadequate attention paid to increasing production substantially to provide assurance of the company ability to provide for demand.

they worked well to build the orders since the expansion of the US exposure.

its so easy to see in hindsight what should have been done in what order, what CR should have been to fund production expansion ahead of such orders.

imo Tim did a solid job for a small cap. he did better than Simon in many respects. yet the coy didn't develop production in time and so its now, very unfortunately imo, in the dump.

as you know I was fully backing RFX for over 7 yrs. but had my doubts when alternative energy storage was booming ahead with product while RFX was selling a couple of dozen per qtr at best. I just wish it had been otherwise. terrific product, very well developed, poor prepared for supply. even the Va batteries did better by outsourcing production.

all the best frostie and everyone.