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6.25% 9.0¢ redflow limited

Why would RED flow want that contract , given their actual cost...

  1. plough
    33,441 Posts.
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    24/05/24
    12:45
    Post #: 73993188
    Why would RED flow want that contract , given their actual cost of production (not including admin) is around 7 times their revenue based on the last quarterly , all that contract would mean would be far higher cash burn !

    The current business model of RFX is a failure , which is why they have reverted to govt handouts .
    RFX Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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