TRF 0.00% 1.9¢ trafford resources limited

underscubscriptions announced tomorrow, page-3

  1. 480 Posts.
    Yup the smaller player probably wouldnt have sold their rights, not sure what brokerage would have cost, so for many probably wasnt worth it.

    I guess it all comes down to the uptake from the big players.

    I guess there were a few of the sophisticated investors that last chewed off some at 70c. I think thats where this 50c placing and 70c option sweetens the deal. Lets hope the big players had some powder dry and were ready to commmit.

    Fingers crossed.
 
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