RFE series 2018-1 reds trust

registered and administrative office

  1. 738 Posts.
    registered and administrative office of RFE, JAL, SEY, WCR and Wallace Legal.

    Level 2, 79 Hay Street, Subiaco

    It surely must be busy in there - 5 coys registered and administrative addresses - same P.O. boxes as well. Why are admin expenses for each so substantial $1.15 million for all 4 combined for the last 1/4? Not one turns a profit for shareholders - but boy oh boy the directors fees and management fees are particularly buoyant.

    Our squire Dave grosses + $500K per annum from this address. Nice work if you can get it. All the boys and girl suck over a cool mill between them from this top little shared premise - as a shareholder of 1 of them I'm overjoyed.

    No wonder they only need 3 parking spots :D



    I see as well there was a failed float headed up by you guessed it - praps not - Ian Prentice (Executive Director of Winchester Resources WCR of the same address) - any relation to our Dave?

    Heartwarming indeed to see the very astute and all round good guys -Greenfrog Noms - on some of the registers.

    As an aside Hixon Investments is Jeff Bennett ex Intermoco (INT), previously JAL and others.

    Looks IMO like a good ole boys club (5 of) (oh and Suzie makes 6) - roflmao - independant and mono focused indeed. At least, I think, RFE depends on the USA subsidiary for success and looks the most likely to succeed - sort of.











    See any pattern or common links in that lot?

    LOL - thats all terrific

    How did the Prentice lads go at Gleneagle. Have any of these snoozers ever got a company happening?

    Vista Libera - eh Dave - how true.

    But wait there's more.

    All IMO and DYOR - information is readily available in company reports and on the web.
 
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