Re the share consolidation, for it to happen it needs to pass at the AGM, maybe there will be more promo closer to the AGM.
Apart from the appeal price wise to larger investors the other need I see for it is if Redflow succeeds in winning the 500mWh+ supply deal. Even if it were spread evenly over 5 years, 2022-6, the current factory capacity will not cope with it. Then there is the need to supply other demand, which may be accelerated a bit by said possibility. Perhaps like catch 22 in a positive kind of way.
If the company decides to build our own factory rather than enter into some sort of external supply arrangement in the US then more funds are likely to be needed. Clearly a higher sp means fewer need to be sold to achieve the funds that might be required. I suppose alternatively we could set up a wholly owned subsidiary and float there, just an idle thought with nil research on costs, obligations etc, we do have a President, North America already though.
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