RFE series 2018-1 reds trust

they have no cash, page-5

  1. 8,720 Posts.
    lightbulb Created with Sketch. 81
    Thanks Recko for picking this up - I hadnt read the annual report yet (should have given I have a fair bit invested). According to my numbers, the company would have less than $5M given that trade creditors figure (which is actually $39M). So either another asset sale is imminent or a CR. That would be quite a turn given management stated only in December that it would be funded through till 2015!

    Cheers, Sharks.
 
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