RFE 0.00% 0.0¢ series 2018-1 reds trust

The END of RFE, page-19

  1. 325 Posts.
    You'd think as RFE's underwriter and consultant Euroz be a bit more in the loop???

    Last week:
    Red Fork Energy Ltd (RFE $0.01/sh)
    Analyst: Jon Bishop
    Recommendation: Hold
    Price Target: $0.03/sh
    • RFE is currently looking to refinance its US$100m facility with Guggenheim.
    • We would be hopeful that refinancing would provide for a longer time frame
    within which to pursue alternative funding means and/or asset sales.
    • However we are cautious, particularly in light of the recent oil price falls and
    waning A&D market that RFE’s future looks challenged.

    Also, did Redfork end up with a proper outcome from the strategic review (which seemed to have started nearly 1 year ago????)
 
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