RFE 0.00% 0.0¢ series 2018-1 reds trust

Very uninspiring trading this week.Looks like holders are not...

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  1. 924 Posts.
    Very uninspiring trading this week.Looks like holders are not selling and the few buyers around want to get in at sub
    $0.90.Have to say that generally speaking it seems that
    trading right across the market is subsiding atm leading towards xmas.Having read Hartleys report on rfe as of 2
    months ago just on eok assuming 200 wells there are operational and going off the agm they will have 144 by end next year,they give an unrisked valuation on eok alone of
    $0.81/share.Think about it,thats not far off current sp.
    Talking about a no brainer.Its a shame the market doesn't
    see this.
 
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