RFE 0.00% 0.0¢ series 2018-1 reds trust

volume 23m today, page-16

  1. 7,218 Posts.
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    pencilin, NAB ceased to be a substantial holder but still held plenty.
    i understand everyone has their eye on management and their unbelievably poor performance while still raking in huge salaries but it is quite simple, this stock is getting played big time.

    someone had the dosh to buy 20 million at 9.8c or close to $2 million then let stock fall over 7% on tiny volume and unrelenting bots. this has been occuring unabated for 22 months, thanks to the blind eye of ASX and ASIC.

    now SP is at this level, has the ultimate game been to see how many acres can be picked up from RFE, if JV or sale announced in near future, will be very interested to see who picks up acres.

    amazed the 7400 acres sold was such a blaze announcement with no name mentioned at all as to who was acquiring acreage, shouldnt be surprised though, this has been Davids mantra for the past 2 years, underperform with lack of information.
 
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