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No they are not, as clarified ages ago.Grahan-Wales was a ramper extreme a year ago, sold now cannot stop *****ing. Yellow1 has probably never owned a share in his life but posts a sstream of nagatives most of them wrong and has to be corrected when some holders can be bothered.
Like 13thmonkey there is such a list of real reasons to be negative as a holder its quite enough. Day after day of moron posts makes the thread unusable. Like 13thmonkey, cannot be arsed with Red any more even though I hold at a loss. Rather spend time making money elsewhere.
At this point, if a strategic investor put £5-£10m in they would be buying in at around 0.2-0.4p a share... obviously better than nothing but PIs would be wiped out. I wonder how the share price would react.... at least in the short term.
I'm so negative I can't be arsed to post, I don't see the point.
yellowf1 - graham-wales
Are either of you invested in Redt? you both are very negative about it.
Question is will they last until then.
And now locked in.
Another 1m
Pathetic pair
" Known as Sun Cable, it is promised to be the world’s largest solar farm. If developed as planned, a 10-gigawatt-capacity array of panels will be spread across 15,000 hectares and be backed by battery storage to ensure it can supply power around the clock."
https://www.theguardian.com/environment/2019/jul/14/just-a-matter-of-when-the-20bn-plan-to-power-singapore-with-australian-solar
Yellow
My belief is that they will want to keep this gravy train afloat for as long as possible, consolidation will come followed by yet another placing. Imo of course lol
OldFool. There is a difference between thinking a product will do well or not. The product itself should have taken off particularly with the investment in renewable energy. That was something like 4 to 5 years ago. Since then Scott has stripped the company of all its assets and put more money in his pocket than he spent on developing a market.
When he sold the US assets it was the last straw for me so sold out. You on the other hand kept pumping this pile of crap and abusing me for telling posters that this was going no where.
As your name suggests you are an old fool.
Yellow1, why the hell would it be good for Scott, he's got a ton of Shares in Red so why the hell would it?
Graham-wales as an ex-ramper here who posted such biased crap over and over, but lost the faith and sold, why the hell do you come back on here posting crap? The need for finance is months off and in the latest RNS it even hints there maybe insolvancy rather than a fundraise if the strategic deal is not set.
I still hold but have written this "investment" off, when I sell or lose damned if I'm going post on a share I no longer hold wasting my life *****ing over and over like a pair of losers.
4 trades totalling 6m shares traded late afternoon, looked to be buys
Continued drop doesn’t bode well for further fund raising.
https://kiemsat.vn/lan-dau-tien-viet-nam-duoc-tiep-nhan-cong-nghe-san-xuat-pin-vanadium-de-phuc-vu-luu-tru-dien-nang-52801.html
Implementation of the International Cooperation Program on the transfer of Vanadium battery manufacturing technology between VIPTAM Technology Application Institute and RedT Energy Renewable Energy Technology Group. Ltd. (United Kingdom), aims to supply and install Vanadium Battery equipment in Vietnam. With 20 years of experience in the Vanadium Battery technology and clean technology market, RedT Energy will partner with the VIPTAM Institute to transfer this technology to Vietnam through joint ventures.
Didn't know he had another company In cenergi? Also it says on his linkedin page he's a bachelor of economics and educated to the highest level as a chartered accountant? So how the hell could he lead red into this mess? It can only be through purpose with alterior motives as seen with the shifty sale of camco. This has just been a development process for him to reset up as another company or division within camco. How he isn't under arrest I don't know. He's even on film categorically stating the German deal will underpin forecasts for 2 years. It's downright deception, lies, and fraud
https://www.out-standing.org/nominations/old-previous-role-models/2014-top-100-lgbt-executives/
So with another 10% drop it looks like red are about to fall of a cliff, do we think this is a result of a leak regarding bad news? Wouldn't suprise me as it's been a leaky ship for 3 years now, especially after the suspicious trading and huge sells a couple of days before there first big placing back in Dec 16. Since then it's just been dilution dilution dilution. With the odd bit of fraudulent news from our Charlton of a ceo. What's happening at the woking site that they apparently had as some sort of showroom for products?
Probably, but why bother if you're thinking of throwing in the towel.
Advertorial, presumably.
Someone thinks so with large buys pushing the SP up today and last week, worth a punt it must be !
Given that they made the recent cash call just to keep the lights on relatively easily, i'm thinking that investors might not be as pessimistic as to REDT's future as some might be believing. Obviously there is a crunch point coming one way or the other....
Look at the photo here, did anyone notice at the time it was just sides of units? Must have taken them ages to get those propped up like that for a photo, what else do all those staff do each day?
https://mobile.twitter.com/CraigBlaney/status/1004798831828045824
Director buyouts aren’t illegal but in this case they certainly stink, not only have the bod awarded themselves huge pay rises for failure they have also walked away with the profitable sides of the business for nothing having been funded to point of profitability by shareholders.
What I don’t get is the involvement of likes of Schroders, are they complicit is what’s going on? Surely they can’t be this blind to what management have been and continue to get away with, Scott McGregor is clearly still claiming to be CEO on his twitter feed (photos taken) yet official rns confirms his departure.
SFO or FCA need investigate goings on here, what the hell happened to that fake German order that was a guarantee prior to end of last year? I said at that time it would never complete as the company buying is as good as bankrupt or a new startup without any credibility going to market for tens of millions of pounds, it was nothing more then a joke, just like the tidal project that also got rns clearance in order to fund yet more money for director to spend.
Alan Monk also need holding account, he ramped this surely knowing it’s a complete scam.