Member Info for OldFool13

The fools are on the BB today for sure!

Nothing worse than posting utter drivel, how has it just managed to get through? The company have told you how long it will last via RNS as well!

Nope I have not seen him post and TBH I am concerned. I asked before if anyone knew him on here (unlikely I know) I hope he is just having time away from these BB's.

AFP, been keeping away from the screen quite a bit as I took a large hit last week on another share. Also to be honest I really do not add to your points, in this case all I can do is hope its for real.

One point I would add is why would someone allow exclusivity, the power of competition is enough to keep people focussed surely.

They have an order for 72 units? Not sure you read that right faramog.

Nice having the grey clouds swept away for the one day though!

Mikenmine, I disagree Red sure did withold information, was both of these pieces of information only known in the week of the disater RNS?

· redesigned German grid projects now submitted to financiers for review;

· purchase agreement signed for 72 redT units (~5MWh) for a large UK grid project

Both lines are newsworthy and this information is obviously known before the fundraise news. I fully expect one of these to drop in before 4th April.

If they have expect a dull RNS announcing a small contract win with no fanfare whetsoever!

This was obviously on the way or already a done deal. Get the bad news out, hint at good news in the RNS text then release before the OO. Too many people pannicking and ntaking notice of people with no financial interest in the company. I suspect the "a large UK grid project" will be next.

I wonder if any of those suffering serious losses are wondering if selling was such a good idea now?

There are two more stories held back as well, pretty obvious to me if you re-read the disaster RNS and ignore the doomsayers on the BB's

Hard to see how this is not worth 2p

Https://investegate.co.uk/redt-energy-plc--red-/rns/solar---storage-partnership-with-statkraft/201903250700097972T/

Holding with fingers crossed

These people are just weird, I completely fail to understand their motivation.

I must admit to being a little concerned at his absense because of the last line of what he last wrote. Don't suppose anyone knows him outside of these threads?

"If you were an OEM would you license technology that might be controlled by a competitor?"

You mean Like in Computers where HP, Dell, etc are happy to install Intel Processors that are then controlled by a Seagate Hard Drive with Microsoft Technolgy driving the whole show, but sold as HP, Dell etc?

You could also speculate that someone is building a position in Red on the cheap. 115 million shares were traded since the RNS and prior to yesterdays live. IF it is one buyer mopping them up that represents 7% of the company and with the OO giving them the chance to buy 1 in 7 that is another 1% as I'm sure Red won't mind it being oversubscribed. That is quite a large chunk of the company for peanuts.

I personally feel the SP will rise to 2p and the OO a sucess (for Red, not us). However I have been wrong before and will be again no doubt. I have not sold and I continue to hold but I want out, I HOPE to be able to sell at less of a loss based on the 3 big orders mentioned in that dire RNS.

Consolidation almost always is a disaster for PI's, that would just about do it for me

Curioser, middle of next year would be May/June and in addition the amount raised in the OO is to be added in. I would paste the text myself, but I'm too peed off, so 18 months is a fair assumption

The only person I blame here is me. Got royally shafted on RED last week, talked endlessly with the wife about selling out but in the end I did nothing. Bloody annoyed at myself and have now set the finances back years. I never guessed the fundraise would be at such a low price though and I feel a right mug for falling for it.

My current strategy will be to hold, and take some time away from shares, I hope the worst is now out of the way as at least these muppets cannot hit us any harder in the balls.

Just trading driving the SP. It has been pointed out that some 115million shares have been sold and bought up by someone since the crisis broke. There is very little evidence (until today) that it was PI's buying. Thats some 7% of the company been swallowed up at very low prices.

I was in NVTA that was tipped by TW, when it went tits up he claimed he ha sold out but he was outed as a complete liar.

Anyway back to the news, not much we do not already know, but I am surprised they picked these two rather than the resubmitted German order

https://www.energy-storage.news/news/redt-in-very-accelerated-search-for-funding

"But there are signs that interest in redT’s vanadium technology is on the rise. Today’s statement reveals that it has signed a partnership agreement with an unnamed, “major European energy company” to offer a fully-financed, solar-plus-energy storage product to C&I customers in the UK.

This is expected to deploy 100MW of solar and 60MWh of energy storage over the next three years, with further details to be announced “in due course”.

In addition, earlier this month redT signed a purchase agreement to supply ~5MWh worth of storage units for a large-scale grid project in the UK. Delivery is scheduled for across 2019 and 2020.

In total, the firm has a weighted pipeline worth £145 million, of which £32 million has reached the project development stage."

Try calling the flat earth helpline!