Everything you say is correct. I believe that if you install a Redflow Gen3 system you will be making the right decision.
But as an investment Redflow the company has not demonstrated that it has the potential for success, regardless of how good the technology is.
Part of the reason I have a hold sentiment is that my investment is very small. My super fund holds $10,000 in the stock and is down to break-even as of today. My personal holding is down to $3,500 from about $8,000 invested.
I'm betting that the technology will win sooner or later. But I'm not betting very much on that happening. Based on current performance there's a better than even chance that the Redflow story ends with the company being acquired for cents in the dollar for shareholders, and the technology being transferred to a new owner who then reaps the rewards without returning another cent to us investors.
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