Redt Energy Share Discussion Threads

[sparki2] 25/2/2020 09:05

Re timingThe 24 January RNS said the relisting was expected by 16 March 2020

[pierre oreilly] 25/2/2020 08:55

What is the timing of the relisting? Has a date been fixed yet?

[sparki2] 25/2/2020 08:47

Note informative Tweet by Andrew Monk@AmonkMonkey:"The timing of the relisting of @redT_energy post the merger with Avalon couldn't be better and they will be the global No 1 player in VRFB and energy storage is hot space currently"

[pdoc] 24/2/2020 16:57

Got the bunting and candles ready? Three weeks from today is the anniversary of that fateful RNS on 14th March 2019. Since that date we have had almost nothing from the board except that they are continuing to pay themselves significance amounts for their incompetence and failure. One whole year of nothing in a market supposedly at the cutting edge of technology. This is all over - the only thing they have are some straws to clutch at to get themselves a few more months salary. When will they realise they own nothing, have nothing, have contributed nothing, and when they try to raise funds that will be nothing too. Why is that failure McBurger still around here? He is a complete nothing man failure.

[pinecone] 23/2/2020 18:58

Technology moves on !!

Ok let’s keep an open mind on this one........ perhaps we can just drain ours.......... then use theirs!!!

PC

hxxp://theleadsouthaustralia.com.au/industries/technology/new-battery-technology-could-slash-the-cost-of-electric-vehicles/

[pinecone] 23/2/2020 18:56

Technology moves on !!.

Ok let’s keep an open mind on this one........ perhaps we can just drain ours.......... then use theirs!!!.

PC.

hxxp://theleadsouthaustralia.com.au/industries/technology/new-battery-technology-could-slash-the-cost-of-electric-vehicles/

[greenmachine2] 21/2/2020 12:12

The link from Feb 2020 is about the Korean Government providing a more favourable and formalised regulatory environment for flow batteries when paired with renewables.

It refers to the fire risk that lithium has too. Note that the company H2 it refers to appears to be in a low sales so far situation like RED,but it helps paint a growing worldwide picture of flow battery technology in a intermittent renewables world nevertheless.

[ts0mev] 20/2/2020 13:42

1865, no problem. Comments posted at this time are largely irrelevant whilst trading is suspended.

[sparki2] 20/2/2020 12:44

1864I misunderstood your post! You said: "I don't share on here unless it has a source ....."I'm just about to take a long flight, so let's draw the line there. Let's keep the BB constructive and informative, then it's a valuable tool.One does learn over time those that post valid and helpful comments, and I thank them for their contributions.

[ts0mev] 20/2/2020 10:27

1863
sorry sparki2, you don't do what? You shared an opinion without any apparent basis other than you have a source that you can't or won't disclose.

[sparki2] 20/2/2020 09:29

Ts0mev, exactly nor do I

[ts0mev] 20/2/2020 09:16

1860
I don't share on here unless it has a source and I ignore speculative comments (good or bad). The only exception is speculating on an RNS or article that might suggest an opportunity or threat, however the source is the original piece.

[pierre oreilly] 20/2/2020 09:12

oh ffs! lol!

[sparki2] 20/2/2020 09:09

Pierre Oreilly, Great that this has got the debate going and focussed on what may happen when we get the quote back! Should be needless to say: I respect the confidentiality of my market sources.

[pierre oreilly] 20/2/2020 08:09

Spark, you shouldn't say such things and then refuse to expand. If you simply made it up, just say so. If there's a basis, then tell us what it is.

[sparki2] 20/2/2020 07:35

Milkmine1, respectfully recommend you DYOR to reach your own conclusion.

[guppygould] 20/2/2020 02:23

Gm2, I said that 6 billion was a conservative guesstimate. My logic with that went something like yours. The enlarged business should have at least double the amount of shares supposing that RED and Avalon are even sizes. We are in the dark about that currently. There will obviously be other interested parties and we don't know the extent of their interests.

The potential for reconsolidation that you mentioned is interesting. I thought about that before, but couldn't think of a similar example. I haven't been investing long enough I suppose and still have a lot to learn. My thoughts for this originally were based on the significant size of the holdings of II's and directors etc. Here we find the problem of "common knowledge" from game theory.

From work and presentations that I've attended, I know that the sector will grow substantially and that RED had one of the more advanced/developed products compared to similar companies, but at the end of the day, I'm just an amateur PI with limited knowledge of the situation. This is why I only really speculate on the facts that we do know.

[gbjbaanb] 20/2/2020 01:07

The storage sector always was hot, we were just too early to get invested into this. It's always the case, though I was drawn in by the German grid deal that turned out to be a false promise. You can never tell when that kind of announcement is made, just ask CAKE holders what believing the directors can do.

Maybe it would be better to get into the investment trust route as there are now 2 storage oriented ITs.

Anyway, I look forward to these shares getting listed again after we saved their ass.

[greenmachine2] 19/2/2020 22:13

My guess is there will be a share consolidation of 100 old shares to 1 new. So the dreams of reaching a pound that some used to entertain will be realised!

[mikemine1] 19/2/2020 20:20

Spark12 You said ""Very early indications suggest that the stock is going to come back at a useful premium over the 1.65p anticipated placing price."

I asked you what indications and you still haven't answered.

[ts0mev] 19/2/2020 19:55

1852
The company has been clear on why Scott is still around and it isn't a long term situation.

[greenmachine2] 19/2/2020 19:48

We need to remember too that RED half yearly accounts published in September 2019 had just £200,000 turnover.

If anyone is missing Scott McGregor then fear not he is still around! He is no longer a director but a consultant according to the RedT website!

[greenmachine2] 19/2/2020 19:40

#1847 and #1848 posts tsOmev and guppygould. The ratio of existing RED shares to the dollar valuation of Avalon at 1.65p values old RED at about half of Avalon. This results in about 3 billion shares. If there is just one new investor interested in sinking £24 million into the new entity then my guess is that is another 3 billion if they are discounted to say half of 1.65p I.e. 0.8 p or so. That gives the Bushveld /VIP consortium a chance to be part of a placing or open offer or even rights issue. Perhaps existing shareholders will get a chance to invest at the same discounted price. That's more than 7 billion shares at a guess.

I am not optimistic any longer about the technology of VRFB making more than a tiny dent into lithium market share anymore. I hold too many shares currently as a percentage of my portfolio to make it wise throw any more money into what always seems a jam tomorrow investment. Owenski is right to question the business model I feel, though most of wish he wrote it differently I guess.

If there is a packaged deal to construct instal and sell on a 20MWH battery say then there is a ray of hope for the future in my view.

[guppygould] 19/2/2020 19:35

I'm not saying that it won't happen, I've been very optimistic about RED all along, which is one of the reasons that I built such a substantial holding and held for the suspension. I want to see it happen, but I'm always checking myself because I've learned from buying at the 'wrong' time with RED. I'm sure that it will look like a good purchase in the future, but it could have been a lot better with hindsight. Ah well, you live and learn eh?

[sparki2] 19/2/2020 18:20

Guppy, if for example you look at ITM Power - it is now capitalised at around £750m, having trebled recently. This is an example of the sector being "hot". It shows the potential if the merged group get it right!