TRF 0.00% 1.9¢ trafford resources limited

The only thing that is confusing is the shareprice imho.Not a...

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  1. 8,616 Posts.
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    The only thing that is confusing is the shareprice imho.

    Not a shareholder yet but seriously considering. Dont have funds at moment.

    Personally I don't think the market is confused, perhaps some HC posters are...I think the market is SCEPTICAL. It's not every day you get a company coming out and saying they are bringing a project into production for $20M CAPEX that will make up to $100M profit per annum by 2nd year.

    There have been a couple examples this year of market being sceptical that have been rewarding for me. The most obvious no-brainer was NST after it picked up the Paulsens project but market reaction was initially minimal. Eventually market cottoned on and it flew.

    Think probably a similar case here...market will gradually pick up on it.

    As for complaints about director options...not sure why the fuss. They did them at a substantial premium, which is more than can be said for several other companies.

    Cdchi1
 
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