RFX 0.00% 10.5¢ redflow limited

UP In Arms, page-51

  1. 221 Posts.
    lightbulb Created with Sketch. 90
    It's clear we are in a high risk speculative investment. There is no underwriter for the issue. Sales have been difficult to generate with no significant progress since the previous Briefing in late February.

    I do believe the product is technically challenging and hence the lack of sales or growth in those interested in being installers or retailers. Simon is a good person to communicate these challenges but not everyone shares his passion and would prefer a simple straight forward product.

    I should have picked it up earlier as it was mentioned in the previous Presentation but for backup purposes the Redflow battery only minimises the use of a diesel generator rather than replaces it. The benefit is considerably reduced for backup purposes if you still need a diesel generator to be maintained and tested.

    Time to decide if I want to punt more.
 
watchlist Created with Sketch. Add RFX (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
0.000(0.00%)
Mkt cap ! $27.74M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 59518 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 40139 1
View Market Depth
Last trade - 10.40am 08/07/2024 (20 minute delay) ?
RFX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.