RFX 4.76% 11.0¢ redflow limited

Strategic Review, page-22

  1. 221 Posts.
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    The delay in releasing the strategic review is puzzling. There must be other factors at work causing the delay - such as some sort of link up or joint venture that hasn't been completely stitched up. Given the inordinate delay I would surmise it would have some government involvement. Could it be all linked to the SA government plan to invest in some solar and battery backup? I'm pretty sure the government wouldn't tip in equity, so whatever happens an issue of new shares, probably at around 20 cents each, is on the cards.
 
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