TRF 0.00% 1.9¢ trafford resources limited

release out: hi ho .. hi ho ... , page-14

  1. 1,289 Posts.
    SP, i think you are spot on. Sentiment is the biggest driver for the looooow market caps of these companies.

    You know, I had the same experience with AVB a month or so ago. SP was at 2.7c. I spent a week doing D/D trying to work out why it was so cheap - I couldnt identify it, so i bought at 2.7c. Three days later she's in T/H and 2-3 wks later im selling at 20c.

    I suspect IFE and TRF may be in this similar boat. Investors are scratching their heads thinking - what's wrong?? all the positives are staring them in the face, but they are focused on what is perseved to be missing...

    I dont expect the same sort of multiple rise, but i do think we are destined for near-term re-rating based on the fundamentals alone. And then you have the traders jumping in too.

    fun times ahead!
    Split
 
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