RFE 0.00% 0.0¢ series 2018-1 reds trust

RFE management did indicate that information flow would be...

  1. 138 Posts.
    RFE management did indicate that information flow would be limited during the strategic review period.

    Now that review is over, there is an amazing lack of disclosure on outcomes and path forward. I note that Euroz as RFE's Australian advisor is also exceedingly quiet.

    Recent capitulation in oil prices has probably compounded issues.

    Although it doesn't look great, they continue to trade with the blessing of Guggenheim and trade creditors. Hopefully this suggests that a positive outcome with funding and a return to development is still very likely.
 
watchlist Created with Sketch. Add RFE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.