Since the start of the new year, in just over 50 days of trading, Australian-listed exploration and production (E&P) company Red Fork Energy (OTCPK:RDFEY) has been in a veritable tailspin tumbling over 70% (and 85% over the past 52 weeks). What happened to this once high flyer that just a couple of years ago listed George Soros's famous Quantum Partners Fund as its largest investor and what's next for the company?
In this article, I first break down what I believe the future holds for RDFEY (Part One). This will hopefully be of interest to current RDFEY investors or those who are considering the name given its current valuation. In Part Two of the article, I chronicle RDFEY's...
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