Redflow  announces $18M raising

AUSTRALIAN battery and renewables company Redflow has announced a share entitlement offer to transition the company from research to full scale production at its new Thailand facility, but the move has left the market uncertain. 

Redflow  announces $18M raising Redflow  announces $18M raising Redflow  announces $18M raising Redflow  announces $18M raising Redflow  announces $18M raising

Battery producer aims for 250 units by December

At the time of writing the share price had fallen close to 22% and was sitting at 12.5c and far down from an early January high of close to 20cps. 
 
The $18.
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