Yes agree. TRF has been silent on their participation up until now.
The silence would have made some sense if they had a buyer lined up for their rights. You can only guess that looks to have fallen through and put them in a horribly awkward position, and trying to do a cap rasing now at 43c SP.
Alternatively, management have really stuffed up the strategy here - which I really hope is not the case, as my faith has been slowly being crushed over the last 10 months.
Very unhappy about my holdings now. I hope it is all worth it in the end, but have not been enjoying the ride recently.
TRF Price at posting:
43.0¢ Sentiment: None Disclosure: Held