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.
Its looking more like UET are delivering their uni.system. Their system is set up to be up to 2.2 mwh. They sell through VSUN too and are much better positioned for this product. Not 100% but think it is unlikely Redt secure this .
I think we have to understand that Redt has a fairly undifferentiated product and is against a competitive market with some huge players. Just hoping that either I am wrong or that Scott and his impressive team know what they are doing/ the market will be large enough for Redt to get some of the smaller contracts.
posted on here a month or so ago. Scott mentions the German company that went under and Redt were outbid for the company but managed to secure some of their talent. He suggested that it was a shame because their tech was far ahead but their R+D has benefited from one of the acquired engineers.
My take from this was that if another small company has better tech and has failed then Redt isnt the market leader in terms of tech and is in a more precarious position than I had hoped .
I'm a long time lurker and was wanted to know if we have any hard facts in terms of the company's tech advantage. There are huge companies who already are in direct competition and others entering the market. As it will be almost impossible to compete on price/tech how is Redt's product differentiated? I listened to a recent presentation and Scott even said himself that their tech is behind. If vanadium flow batteries take off, what is preventing Redt from being completely squeezed out by the lockheed martins of the world?