RFE 0.00% 0.0¢ series 2018-1 reds trust

hi psychiatristdont think so, reckon this is big time investors...

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    hi psychiatrist

    dont think so, reckon this is big time investors hopping in as Baillieus have a valuation on RFE shares of 97c, question mark being over how many shares that was relating to, and this is before the firming up of the Big River Play.

    looks like there are people quite willing to flip shares and make a quick profit but in the scheme of things the number of shares in the SPP will be quite low, and the number of shares available to each shareholder wont be that high, expect some shares from the SPP will be sold stright away if the SP keeps going up, but hopefully a high % of these shares will go to long term holders who wont be looking to sell at 50c, more like $4.

    patience will be the key here, but a run like 2009 is possible, perhaps not so steep but certainly in $$ terms.

    by the way, nucular, saw your post the other day, glad to see you stood firm, hopefully you are like me this week, cant wipe the grin off my face.

    GO RFE
 
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