RFX 0.00% 9.7¢ redflow limited

Ann: Redflow Shortfall Placement, page-9

  1. 808 Posts.
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    Come on guys while im with you on executive pay ....it should be cut in half and then half again.....but that belief is not exclusive to Redflow
    But on being dilutive
    This is the continuation of the CR that was undersubscribed. In that sense the dilution was already done & we all had a chance to offset that dilution, the fact that it is now oversubscribed, you certainly could nitpick but that coulda happened anyway
    As i understand CRs are the most efficient way of raising capital , other forms of capital injection are more value destroying to holders.
    Now onto sales, not much good having sales if you dont have the capital to design, and produce the thing your selling.
    This is fantastic for Redflow
    We now have the capital to execute the plan rfx has put in place,
    We now have new holders who have confidence in that plan & dropped cash where others didnt.
    This all means we now have a runway to manufacture and refine our product. Which we didnt have.
    We can build trust with our customers and yes increase sales, but you cant run before you walk



    Last edited by Greenyates: 24/10/20
 
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