RFE 0.00% 0.0¢ series 2018-1 reds trust

big river, page-30

  1. 7,229 Posts.
    lightbulb Created with Sketch. 319
    hi Icharus, valid questions

    i think there was one point in the announcement yesterday that needs to be considered, "Strong acreage position secured with leasing underway to acquire additional high grade acreage up to a total of 50,000 acres"

    this sounds like they will be in competion for certain acres so details may have been withheld for that reason, no point telling competition what you are up to.

    i am relatively certain that this info will be released.

    icharus, look forward to future posts.

    NW, can understand the possible stigma around RFE, they have underperformed for a while, as i said though, having credit facility and Ballieus behind us is clear enough intent to me for the time being.

    even with 12000 acres on those figures RFE has added a $1 to existing SP, imho selling at 47.5c is not well thought out.
 
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.