RFE 0.00% 0.0¢ series 2018-1 reds trust

they will find a buyer, page-2

  1. RM
    7,515 Posts.
    hang in there holders the market can be perverse at times. I built up a stake in AND in the 30s many moons ago and the price did similar antics. Like RFE they just kept on drilling more hits but the price did not respond as one hoped,(in my timeframe and view of value). Many got bored and moved to faster moving fish.

    If the reserves/resource is there and rising, being a low cost producer it will eventually find a price reflective of the firm so unless trading up a free carry stake look at it as a true long term punt. Otherwise the stale bulls should chase those shiny fast moving fish.

    Regards RM
 
watchlist Created with Sketch. Add RFE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.