RFX 6.25% 9.0¢ redflow limited

I applaud Simon Hackett for his backing and what he has tried to...

  1. 3,113 Posts.
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    I applaud Simon Hackett for his backing and what he has tried to do with RFX but not sure I would hold him up to investors to instill investor confidence? Isn't he a long way under water on his investment in RFX?

    I am still trying to justify participating in the SPP and at this stage would only apply for enough to account for dilution and do my share to support RFX (not that the latter is a valid reason to participate). Another concern I have is that on past history, the amount they have gone for will mean they will be back with another CR in future unless they really get big orders and take off. I know it is a chicken and egg but they don't have signed contracts on bigger orders yet. An economic subsidy (grant) is justified in a case like this if that could get the top spinning - not sure why this is not happening more especially with ALP in Qld and federally and the need to do something in Australia in this area. Seems like all the oxygen has taken by hydrogen.
 
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9.6¢ 9.8¢ 9.0¢ $142.3K 1.506M

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Last trade - 15.17pm 21/06/2024 (20 minute delay) ?
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