1 for 1 is too generous, look at their historical prices and market cap, IFE has pretty much been double TRF for the past three years. The merger terms should be 2 TRF for 1 IFE..
TRF Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held
TYX Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held