RFE 0.00% 0.0¢ series 2018-1 reds trust

i think the reason for the lagging share price has alot to do...

  1. 334 Posts.
    i think the reason for the lagging share price has alot to do with over promising and under delivering

    last year sentiment was alot different as the market was told RFE would be drilling wells flat out cant remember the figure(exponential growth was used) but eveyone was excited including myself, seems it was all hot air, stagnent seems more like it now.

    after they made the purchase of more land with existing wells the anns slowly faded to the point where their plans of having X amount online seemed all BS.

    looking at what RFE has actually drilled compared to what they purchased they have done stuff all!

    seems alot like a pump n dump in hindsight

    can somebody tell me how many of these shallow shale gas wells RFE have actually produced other than the purchased ones... not many

    i also think DP has a lot to do with sentiment factor, wobbly you seem the most informed of late, used to be jimako

    sentiment VERY VERY LONG TERM BUY
 
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