RFE series 2018-1 reds trust

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  1. 19 Posts.
    I am a top 100 holder and have been since the float. There have been many times in recent years that I have been tempted to reduce my holding but have been influenced by the total optimism of the stock shown on this forum, which says a lot for the quality of the posts. Lets hope we will all be rewarded for our patience.
    Maybe a contributing reason for the low share price is the place in which they do business. A vote of confidence if you like on the state of the US economy. It doesn't look like improving any time soon and the strenght of the AUD against the USD will be hurting RFE quite badly. Maybe potential investors want good indicators the economy is improving before taking the risk.
    I havn't done any research on similar Australian companies to RFE doing business in the US. If there are any maybe they are suffering in the same way. Just a thought.
 
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