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10.5¢ redflow limited

General Renewable Discussion, page-232

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Scott th Ratbag

41,455 Posts.

642

17/09/20

17:55

Post #: 47427663
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Originally posted by davidmorr: ↑

I suspect that if Redflow was chosen for one of these big projects that they would have to provide an indemnity in case the product did not live up to expectations. Such an indemnity could bankrupt the company if ever called upon.

I suppose they could take out insurance to cover it, but given the unproven state of the product, the premium would probably be quite high, meaning the sale price would also have to be high.

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Now that makes sense.

cheers Scott.

RFX Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 10.5¢		Change -0.010(8.70%)		Mkt cap ! $24.89M

Open	High	Low	Value	Volume
11.5¢	11.5¢	10.5¢	$984	8.917K

Buyers (Bids)

No.	Vol.	Price($)
20	284684	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	49034	2

View Market Depth

No.	Vol.	Price($)
20	284684	0.105
10	467100	0.100
1	10999	0.091
1	18000	0.090
1	7280	0.081

Price($)	Vol.	No.
0.110	49034	2
0.115	610275	10
0.120	305000	3
0.125	254167	2
0.130	110737	3

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