RFE series 2018-1 reds trust
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AUT has 72k acres and is producing 3800 boe/d. After todays...

  1. AimForSimon
    7,523 Posts.
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    05/12/11
    14:59
    Post #: 9392808
    AUT has 72k acres and is producing 3800 boe/d. After todays announcement RFE has 55,000 acres and probably producing 600 boe/d.

    AUT Market cap $1.48 billion

    RFE Market cap $194 million

    AUT share price gone from 72 cents last January to $3.54 today on 411m shares - RFE currently has 269m shares on issue..

    I'll let you do the rest of the maths.... Lots more wells to come. All looking good
    RFE Price at posting: 72.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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