Redt Energy Share Discussion Threads

[gbjbaanb] 26/7/2019 02:01

I don't think dilution really matters anymore, if the shares are worth 1.65p now that suggests they would be worth 10p or so of the company had not been mismanaged. But realty is that 10p was never realistic once it was clear they had spent all the cash.

If Scott had been able to read a spreadsheet and not how all those guys it's be different, bit he did and now we have 1.65p looking at something in the future. Maybe we'll even get to 10p one day too.

[noirua] 25/7/2019 23:30

Avalon is thrilled to announce that we have been included on the 2019
#cleantech100 list from Cleantech Group. It’s recognition of our potential to revolutionize the energy storage market with durable, reliable battery solutions - one of the key steps towards our vision of making renewable energy reliable!

Avalon Battery:

List of staff:

[tradermel] 25/7/2019 23:30

I suspect Private Investors may not get any real benefit short term apart from massive dilution. After it is all done Red are propelled into cheap manufacturing, the American market and a much bigger global footprint.

[paulcon1] 25/7/2019 20:37

It must be very easy to sit in an ivory tower and judge people who are working very hard to change the direction of the energy sector from fossil fuel to renewable..

RED seem like they have made mistakes (but who hasn't) but their main obstacles will be large corporate companies and public perception and the reluctance of the public to sign up/invest in change.

As a shareholder it is difficult to stomach a loss on investment but the RED technology is game changing for the energy sector and has positive implications for the environmental and health.

As a self proclaimed expert on RED's business model and their obstacles to success may I suggest you contact RED directly and offer your expertise.

GL and IMHO

[owenski] 25/7/2019 18:33

As said, when it comes to the 'strategic review' shareholders have been diluted to death and shafted. This might remain suspended for some time yet, comforting thought.

Was all avoidable too. I pointed out the problems here often enough.

[ts0mev] 25/7/2019 18:06

1193 - no, this is more about fast tracking growth, i.e. increasing sales footprint and operations globally.

[gerd212] 25/7/2019 16:59

Friedland?

edit - as in HPX?

[gbjbaanb] 25/7/2019 16:58

And could be that the "strategic partner" was already involved in Avalon and so only told them to merge to get better synergies as a larger group.

[shy tott] 25/7/2019 16:48

Z, Avalon get a cheap and easy way onto aim in the uk, where they can raise cash. They also get a long list of potential orders to work on, possibly, and a long list of contacts. Part of the deal in fact is that the 30m cash raise is successful, so really they also get that too. Plenty of working capital to try to exploit the markets - something red always lacked.

[dlg3] 25/7/2019 16:46

looks like scotty boy out to shaft shareholders one last time,then doors close for good

[dlg3] 25/7/2019 16:45

forensic anthropologist duties

[dlg3] 25/7/2019 16:41

low cost operation....hahahaha

[guppygould] 25/7/2019 16:15

Zero, according to the energyst article that I posted, Scott was saying that it is very much on. Although, based on the past, I am sceptical of this.

[noirua] 25/7/2019 14:21

Bushveld Minerals Limited (AIM: BMN), the AIM listed, integrated primary vanadium producer, with ownership of high grade vanadium assets in South Africa, is pleased to announce, that its 84%-owned energy subsidiary, Bushveld Energy Limited ("Bushveld Energy"), has enabled the successful deployment of an innovative vanadium electrolyte rental product in industrial-scale batteries developed and sold by Avalon Battery Corporation of Fremont, California ("Avalon Battery" or "Avalon").
10 June 2019




Flow storage firm Red T plans merger with Avalon Battery Corporation


If approved, the merger would take place as a reverse takeover under AIM rules, with a share for share acquisition of Avalon with Red T shares valued at 1.65p per share, valuing Avalon at $37.5m (£30m).

The plan is to raise £24m in new funds via a placing as part of the merger and RedT said it and Avalon “have received substantial preliminary support for the Fundraising from a strong new strategic investor that intends to make a cornerstone investment in the merged business,” as well as institutional investors.

A New Path to Market for Flow Batteries: Rent an Electrolyte
Feb 20 2019

[zero the hero] 25/7/2019 13:49

1185 - I just don't get why Avalon need Red, perhaps the German contract is very much in the bag and they just are not telling PI's? The superhub and German deal together may well be the lure.

[zero the hero] 25/7/2019 13:41

Idiot booted - I just ain't in the mood for nutjobs that have never visited the thread before coming on, posting trash and rubbing their hands with glee.

I lost faith in this company months and months ago and was hoping a 4p target might be within reach, maybe it will one day as the new company certainly seems fit for purpose. Some people holding Red have lost a lot of money and damned if nasty types are going to be allowed to post.

But well played littlepop, glad someone is happy today for the right reason.

[gerd212] 25/7/2019 12:27

Pages 3 - 15

[guppygould] 25/7/2019 11:43

From The Energyst:

[gbjbaanb] 25/7/2019 11:05

Well, I'm not impressed. It does look like this is a great benefit to the directors paid for by us shareholders. If RED was sold outright to Avalon for 1.65p then I'd be grateful for what I could get from it, but this merger doesn't seem to be worth it otherwise.

For the AGM: what will the future employment of directors be in the merged company? Is this merger in the interests of shareholders or directors?

The dogs have been digging up the dirt as usual, they're unimpressed with Avalon's performance too - fund raising apparently (I didn't read their full post). Is this less a strategic partner, and more a convenience?

Edit: after reading more it seems the merger is Avalon into Red. I thought the opposite was going to be the case, this doesn't seem nearly the end as I was expecting.

[owenski] 25/7/2019 10:42

Super piece of digging dlg.

I concur, the shebang ain't likely to be outa the woods anytime soon.
Very poor business model and Avalon in no better shape.

[littlepop] 25/7/2019 10:31

Agreed Paulcon1. For those of us who bought at the bottom (0.895) this looks slightly better though.