RFE
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0.00% 0.0¢ series 2018-1 reds trust

I would like to fully support your view. management raised $24M...

  1. rumbai12
    327 Posts.
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    31/08/10
    08:38
    Post #: 7081525
    I would like to fully support your view. management raised $24M around $1.20 last year. They bought some good assets but are not producing revenue, currently with less than $8M in the bank (at 30/06/2010) they will have to raise more cash in the future. I understand that some larger shareholders are not happy and want to offload. Management needs to focus on cashflows as opposed to acquuiring assets.
    RFE Price at posting: 53.0¢ Sentiment: ST Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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