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3,372 Posts.

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23/11/19

17:57

Post #: 41594935
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Originally posted by noddy2: ↑

You seam to foreget evey statement made 4 month ago are yet to be forfilled . The only metic for success is runs on the board and evey thing being ofter up now is the same promise they have been making for the past twelve months. It hard to put any creadance on what we are being told now as they have no history of preformance. The factory hasn't yet been tested so 150 for 1 month is not a success measure to be proud of considering what it is supposed to be capable of. I have back of in the last year but if Redflow is going to be a goer then its going to need a better proformance from the managment team .The team is still underproforming .This sate of afairs cant comtinue much longer because they will run out of cash. Corner stone investor is pie in the sky CR is now unlikely considering the last fail.

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sometimes i feel noddy2 that you and I are watching different companies.
If we look at the expected cash inflows for this quarter, RFX is only approx 1 million short of breaking even. That is far better than this time 2018, or 2017.
Progress is happening.

RFX Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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