RFX 2.00% 9.8¢ 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
9.8¢
Change
-0.002(2.00%)
Mkt cap ! $25.89M
Open High Low Value Volume
10.0¢ 10.3¢ 9.6¢ $12.81K 129.2K

Buyers (Bids)

No. Vol. Price($)
1 5332 9.8¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 73228 1
View Market Depth
Last trade - 15.59pm 22/07/2024 (20 minute delay) ?
RFX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.