I doubt if my holding is anywhere near Top 10. I will find it hard to come up with the 50k in time I feel. May take up 25K, selling half of my TRFR on market. Would not mind being able to convert the lot however, as a good lot of options with shares seems like very good deal to me.
Yes for sure I will not let them lapse, those with a 1-2K TRFR or so may not even bother selling. $20 per 1000 TRFR, why bother after brokerage, etc. Sure offloading 50k worth the effort.
But will try hard to take up with my full rights. As I would hate to sell them for only 2c each, when I feel they worth a lot more. Just for the Oppies value alone.
As I very bullish on IFE and TRF. Moreso TRF with all its other holdings and they are the puppet masters of IFE.
Wish my tax refund from ato would hurry up then I will be fine to take up the full entitlement.
TRF Price at posting:
49.5¢ Sentiment: Hold Disclosure: Held