RFE series 2018-1 reds trust

hi holderswas looking over AOK as they have acres in Noble and...

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    hi holders

    was looking over AOK as they have acres in Noble and Kay county which they are looking to initiate a horizontal program in the second half of 2011.

    noticed they recently raised capital on 2/3/11, the SP on open that day was 9c, since funds have been raised the SP rose to 13c and dropped back to 11.5c on close today, a 27.8% increase. AOK currently only has 5000 acres in this play.
    Both companies have pretty much the same working and operating interests.

    RFE has 20000 acres and looking to increase to 48000 by the end of june 2011, is this showing how important money in the bank is for progessing?

    RFE is a lot closer to a drilling program so is it possible for an announcement on funding to have a similar or greater effect than the increase AOK have had?

    a few other comparisons, RFE share price before any Mississippian acres leased, 39.5c, today 38c.

    oil price on 22/12/10, $90.50/barrel, today, basically $100/barrel.

    so we now have 20k acres in a play Sandridge Energy love, as per article here with oil prices 11% higher and this has equated to a $2 million decrease in market capitalisation of RFE.

    noticed a few thoughts on AOK thread that SP was kept low before funding was arranged so the gap between SP and raising price was minimal, is this a possibility here.
 
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