Redflow’s largest shareholder, Simon Hackett, has chosen to invest $450,000 in the Company’s current Entitlement Offer. In the video below, Simon explains the reasons for his decision.

Redflow’s largest shareholder, Simon Hackett, has chosen to invest $450,000 in the Company’s current Entitlement Offer. In the video below, Simon explains the reasons for his decision.
Redflow Limited has today announced an Entitlement Offer to raise as much as $22.9 million before offer costs with an immediate target of around $6.25 million.
When the Board last raised capital from shareholders in April 2019 (by way of a 1:2 pro-rata non-renounceable entitlement offer) it noted that Redflow was well-positioned to gain sales traction and customer acceptance of its innovative zinc-bromine flow batteries.
Since that time, Redflow has: