This stock looks interesting...Redflow listed today, issue price of $1 raising 17.5 million, listing with 68 million shares and a cap of around 70 mill.
They make zinc bromine battery's in Brisbane, now i only found out about zinc bromine battery's about 5 minutes ago so my first impressions are superficial and tainted buy a lack of in depth knowledge...but so far i like the idea of zinc bromine battery's, particularly there application in suburban evening peaks.
There's potential for a hell of alot of these units to be deployed in a hell of alot of places...the wiki write up states a battery life of 2000 total discharges, 2000 divided by 365 = a battery life of around 5 and a half years.
With power getting alot more valuable it makes alot of sense to be able to store it during the day for release in the evening peak...zinc bromine battery's could be a power game changer as they have the potential to change the cost structure of all power generation.
I will most certainly watch this stock with interest.