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That Twitter post was from 2017 - not sure why it's relevant?

Maybe someone looking to increase their shareholding before buying it out?

I did at the weekend. All they want to know is how many shares you hold. Takes 1 minute.

No one has talked about the option of them going in to administration and then someone buying them on the cheap. If I was eyeing them up as an acquisition I'd definitely be considering that option.

OldFool, can you please say what Bolgas said that was incorrect?

I want to be convinced it's a load of rubbish because this is my biggest shareholding and I'm 50% down!

I realise that, but you aren't seriously saying that people didn't trade on their inside knowledge of the 8p placing? It fell to a lower level than it had been before the ramping all in a few days, coincidentally to almost exactly the same level as the placing came out at.

I can't understand how you could not see this as equivalent to fraud. Have you been here through fund raisings?I think you have?

They will pump it before raising. Then before the raising (at a discount) is announced to the market the price will fall to that level.

Two raisings ago - the price fell from about 16p down to 8p over a 1 week (or less) period before the fund raise price was released to market - if that's not obvious offloading of shares by insider tip offs I don't know what is. People knew what was about to happen and sold their shares for a profit. Was this ever investigated, apparently not.

Regardless of whether there are any wrongdoings here it is utterly ridiculous that a CEO is getting paid £350k for a business which hasn't sold much. It's just rude and frankly disrespectful. I would strongly advise him to forgo the salary or take a large hit on it until he pulls something out of the bag.

Bobf, it sounds like you are talking about behind-the-meter projects and I can think of a few live tenders that you may be thinking of (maybe you're a competitor :D ). I agree, the tenders never state a technology unless the client has been ill-advised and thinks they know exactly what they need (they often have an opinion on what they want but their reasons aren't usually logical - most of the time they are happy to be educated and have their minds changed but at least the tender prompted the discussion). As soon as the investors come in we usually explain in the offer why we are offering a specific technology (highest returns, meets their needs best etc etc). On occasion they may want a specific technology regardless of the benefits to the investor due to a very niche set of circumstances, or because they just want it.
For example the client might say "we want to be taken off grid for 3 hours during peak charges" or "we want backup power for 3 hours". We then ask them why they want that. Often their reasons are based on limited awareness that they could be using the storage for something else during that time and that might be more lucrative for them, or that they actually only need 1 hour of backup etc etc. Of course as an investor we propose whatever makes us and the client the most money versus the risk, unless the client is absolutely unable to budge in their requirements.
Now that FFR and TRIADs have gone the movement towards longer duration storage is building momentum. It's a better time than ever to be in RedT (ignoring the obvious need to raise more capital, plus the increasing competition).

there is an element of truth in the statement but it wasn't explained well. The response times are totally suitable but the problem is cost. The whole point of flow is long duration and if you go short duration you basically waste money if buying a flow 'machine'

24p

until we get our money back. Isn't that how it usually works?...

Slow and steadily it's doing something...
I think people just remain worried that satellite broadband as whole could be surpassed. I think there's a possibility of this being the case in the UK but there's a huge market across the rest of the world where people are way more rural than we are used to in the UK. There's certainly huge scope for this to grow for many years to come IMO.

I've been in for 3 years! God knows how I can be down

I was expecting more movement...

I never really know what to do in these situations. The company has dramatically improved but no one seems to care about it so the stock won't increase in value. It's bizarre really. I hold another stock (POLO) which has a NAV so far above the share price it's unbelievable. If no one cares about the stock the price won't change. If the value is already there the only way I see of improving the share price is getting the name out there more so that people know the stock and see that it's undervalued. Advertising is the only solution as far as I can see...

I would normally look at this as a massive buying opportunity but the swing is very big for one day, like someone knows something...

Just had 3 days away from news. Have I missed something? Chairman has bought more shares and the SP is down massively? What does everyone know?!

I've explained this before on here a while ago. Capacity market revenues are a very small portion of a battery's income so the derating aspect really isn't a big one. The extra capex associated with a longer duration battery is nowhere near made up for with capacity market revenues.

I think anyone who has been in here a long time (over 2 years for me) will still be bitter about:
- that stupid fund raising at a huge discount to market
- the clear insider trading as the price fell from 16p to 8p in about 5 days and then the placing was announced
- high salaries from day for Directors despite no results

Regardless of what happens in the future I will not forget the above. I am just praying that a fund raise at a huge discount will not happen again.

As an aside it might be useful for all to know that in the UK market the financials of a flow project still don't look that attractive from a third party financing point of view as the market economics of FFR and TRIAD avoidance still favours a 1 hour battery. If coupled with solar and self-funded by the consumer of energy the model becomes more attractive. It does look like the market will favour a longer duration battery within the next 18-24 months, however.

Just a guess but I suspect RedT passes through the rental cost from the vanadium supplier to the consumer. I'd imagine RedT never buys the vanadium. The provider of the vanadium benefits from a long term income from the value of the vanadium plus a margin and thus secures their business for the future - it's just essentially hedging like you would an energy supply agreement as a consumer, or a power purchase agreement as a supplier.