RedT Energy – Rollocks it’s suspended as the reality dawns that renewable generation has unintended impact

I have been on hols the last few weeks in the UK, but could not miss the disruption resulting from the power outage on the grid on the 9^th August. Being the sort of chap I am, it did not take me long to turn my thoughts to which small cap companies could be beneficiaries of this. I came up with one – RedT Energy (RED). But its shares are suspended pending an RTO finalisation. Bugger! Meanwhile I can rant a bit awaiting its re-list on where we are and why...

RedT Energy (#RED) – MOU for merger with Avalon Battery Corporation, shares suspended

RedT Energy (#RED) – completes net $1m disposal of US Camco business

RedT Energy (#RED) – exceeds minimum open offer proceeds requirement, “strategic review process is continuing as planned”

RedT Energy – first project of its type to be commissioned worldwide now operational, shares remain a buy

RedT Energy (RED) “is pleased to announce that its 1MWh vanadium flow / lithium-ion hybrid energy storage system is now installed and operational at a site in Melbourne, Australia”…

RedT Energy – placing at a somewhat disappointing price, but look at the potential of what it’s for

RedT Energy (RED) “is pleased to announce that it has raised gross proceeds of £5.03 million (before expenses) from institutional investors… to progress delivery of its current pipeline and provide the time to attract strategic partners to support and finance the continued growth of the business”…

redT Energy – German project funding news boosts the shares… and looks more to come

On tipping shares in redT Energy (RED) at a 7.4p offer price in July we noted we looked for German project funding and other orders to drive a re-rate. The shares are currently higher, above 9p, on the back of an “Update on German Grid Project Funding”…

redT Energy (#RED) – receives conditional commitment letter to fund first German grid-scale project

redT Energy – interims show increased loss, but suggest significant potential

RedT Energy (RED) has announced results for the first half of 2018, with CEO Scott McGregor emphasising that the company “has validated its commercial and grid scale energy storage solutions with the recent deals in Germany and with Anglian Water and the UK public sector confirming the suitability of redT's technology for both ‘mega projects’ at grid level and as a long-term infrastructure solution for the Commercial and Industrial sector”…

redT Energy – Praise be to the taxpayer!, selected for a UK public sector framework contract

RedT Energy (RED) has announced that “as part of a competitive selection process, the company has been selected as a preferred supplier of energy storage solutions for UK public sector projects”…

RedT Energy – first Gen 3 commercial order sparks shares, but still looks much more to come

RedT Energy (RED) has announced an initial commercial order for four Gen 3 units from East of England water and sewage company Anglian Water alongside a collaboration agreement to optimise energy storage across its water utility facilities…

RedT Energy (#RED) – energy storage machine sale & partnership agreement with Anglian Water

RedT Energy at 7.4p offer - some think it could treble!

We let you into a secret. We were looking at two stocks as the share tip of the month. It was a coin toss as at last night...

RedT at 10.9p worth 22p? VSA initiates coverage - detailed note

RedT Energy (RED) has developed a machine based on vanadium redox flow battery technology for deployment in the commercial and industrial energy storage sector. Unlike the majority of its flow battery peers, RedT’s machines have already been deployed in a number of field test environments with first commercial sales occurring at the end of 2016. So this is a real company. VSA is house broker so clearly biased but analyst Edward Hugo has this morning published a very detailed 25 page note. 

Buy RedT Energy says Andrew Monk - one of his 3 share tips of the year

Andrew Monk of VSA Resources was today explaining in his private daily email why RedT Energy (RED) was his nap share tip of the year. Now bear in mind VSA acts for Red T but Monk is a principled sort of fellow and if he says he believes in something he really does.  As such it is over to the Monkey who writes:

RedT Energy (#RED) - CFO to walk in Feb, to remain on Board