trading halt, page-13

agreed litch,

I take the view that although the price of 35c seems ridiculously cheap, if we are looking at the same scenario as IFE's recent placement/rights issue, then we are not really disadvantaged by the raising price. Only short-term downside is the probable retrace in SP towards the issue price.

I'd be highly surprised if existing holders do not get a significant chance to participate in this raising.

*note re: disclosure: i sold my TRF to fund IFE raising. Restricted cashflow was the only reason*

cheers
Split