RFE 0.00% 0.0¢ series 2018-1 reds trust

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  1. Dis
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    Fairly apt for RFE!

    Sit and wait for the sale.  No need for presentations now.  Its negotiations behind closed doors and a sale of all / most of the assets.  The positives for RFE are the high oil price and Obama's anticarbon stance (transition from coal to gas).

    It takes time from appointing an adviser to taking the product to Market (30 days?).  There then needs to a a DD period (30-60 days?) and a period for assessing / negotiating on submissions (30 days?).  So patience for 4 months or so at least I reckon.

    Its a complete gamble for holders now.
 
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