RFX 17.0% 11.0¢ redflow limited

Ann: Redflow undertakes capital raising, page-9

  1. 3,572 Posts.
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    I've skimmed through the info and NOTHING, NOTHING about the success or otherwise of the re-start of the Thai factory. This has to be crucial. The presentation does say under Delivered on page 15, 'Detailed scale-up plan for Thailandfactory to increase productioncapacity to 40 MWh/year." It's still a PLAN! This tells me that it is not scalling up well.

    Sold some this morning at 13c, making a huge capital loss. Not sure if I'll take up any of the offer.


 
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