RFE 0.00% 0.0¢ series 2018-1 reds trust

undervalued?

  1. 1 Posts.
    Red Fork assets were valued by Lee Keeling & Associats as of 12/13 at $277 MM 1P NPV10. This was at $100/barrel of oil. At $60/barrel 1P NPV10 is $166.2MM. If we divide this figure by the number of shares on issue we get a share price of $0.33/share.
 
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Currently unlisted public company.

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