RFE 0.00% 0.0¢ series 2018-1 reds trust

market capital 97mil

  1. 7,219 Posts.
    lightbulb Created with Sketch. 316
    hi finx

    holders, sorry about my previous negative post.
    why??

    recently the market has been average no doubt, this has bred negative energy, mine included.
    is this not what accumulators want???
    this is how large accumulators get large holdings at cheap prices.

    the news that we know is around the corner will come.
    all the items i mentioned we are waiting news on are the positive reasons to be holding the stock!

    on reflection, i would prefer the weaker hands out now so they dont sell into the obvious positive news that will come soon. The recent investor presentation clearly stated that the horizontal drilling would occur in Q2, month and a bit to go, may make another judgement then but till then, will pull my head in and remain positive.

    finx, apologise if my negative post has sporned more negativity, because the prize is right in front of us.
    honestly dont know where RFEs shareprice will go, but having taken the emotion out of recent trading on RFE, fundamentals are still excellent.

    re the thread title, suppose this says a lot, mar cap is now 97 million, it was 50 odd million previously so at this point there is an additional 30-40 million in value, we could say this is the cash backing we now have and a bit for our new acres, once these acres begin to get proved up, the real value will come.

 
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.