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9.7¢ redflow limited

The only thing likely to give the shareprice a nudge before the...

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rattle

7,281 Posts.

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25/01/16

14:47

Post #: 16864999
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Originally posted by Philanthropist ↑

Speculation...
Hackett is a smart cookie, no doubt.
What's harder is to try and weigh the Redflow product against the competition.
It's not that easy to compare different technologies.
However, other flow battery manufacturers are gradually starting to find utility scale customers in the US, and I believe it is only a matter of time before Redflow scores goals in that part of the market in Australia, (this would have already happened if we ever had any good government in this joint) - and then a multi-billion dollar world market is about to unfold.
The residential market is another matter.
It will be very interesting to see the package Redflow come up with in a few months time, and how it stacks up against the Tesla Powerwall.
If you're interested, you could wait and see, the SP is most likely going to hold pretty steady until that news release, then jump, IMO.

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The only thing likely to give the shareprice a nudge before the introduction of the full ZBM, monitor, outdoor container, package is a big order for ZBM's from a Telco. I don't know what the likelihood of that is as they may also be waiting for the full package.

Meanwhile the shareprice appears to be trending lower than the .23 average it was keeping over the previous few weeks.

RFX Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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