RFX 2.00% 9.8¢ redflow limited

So reading between the lines - the QLD gov is going to support...

  1. 11,098 Posts.
    lightbulb Created with Sketch. 681
    So reading between the lines - the QLD gov is going to support them, subject to their product being tested very carefully in a real world setting. So that seems to be roughly $300m of potential business. Might there be some padding in there too, and/or helpful terms to fund the working capital for the order?

    Might this qualify as best news ever for RFX?
    Obviously the product needs to perform as expected to win that big order. Quite a time to wait too!

    I hope there is an explanation from Stanwell as to why part of the project will be longer duration batteries, I think I can guess why.
 
watchlist Created with Sketch. Add RFX (ASX) to my watchlist
(20min delay)
Last
9.8¢
Change
-0.002(2.00%)
Mkt cap ! $25.89M
Open High Low Value Volume
10.0¢ 10.3¢ 9.6¢ $12.81K 129.2K

Buyers (Bids)

No. Vol. Price($)
1 5332 9.8¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 73228 1
View Market Depth
Last trade - 15.59pm 22/07/2024 (20 minute delay) ?
RFX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.