RFE series 2018-1 reds trust
Add to My Watchlist 0.00% ! 0.0¢

announcement , page-5

  1. youunit
    114 Posts.
    clock Created with Sketch.
    13/10/09
    13:45
    Post #: 5770762
    The announcement says the company will have AUD 16mn in the bank post the acquisitions. Does it mean they pay approx. AUD 8mn for it, given they raised AUD 24mn recently.

    AUD 8mn for 80 producing wells would be cheap - or does private equity top up to the final purchase price?

    Guess we will all know in November and than its time to send the company on roadshow :-)
    RFE Price at posting: $1.24 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming
right-arrow Created with Sketch.
NEWS More Outstanding Gallium Assay Results for Nimy at Block 3
right-arrow Created with Sketch.
NEWS Paris Gold Project Drilling Underway Testing High-Grade Zones
right-arrow Created with Sketch.
NEWS R&D Tax Refund of $5.8M Received by Imugene to Support Clinical Development
right-arrow Created with Sketch.
NEWS Drilling Commences at Leinster South Project in WA
right-arrow Created with Sketch.
NEWS MTM Successful Uplisting Commences Trading on OTCQX Market in US
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

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