Hi johnnydust, IMO! Unfortunately it is irrelevant what IFE was 3 years ago , or even 3 months ago, now IFE is 1.7 cents , TRY is 2.0 cents Crikey that looks to me like a good deal for IFE. I'm sorry to say that you are basing the value on something that no longer exists,that the small iron ore producers have a future, frankly the small iron ore producers have no short or medium future ,they are kaput I'm sad to say. IFE , if anything would be an albatross around TRF's neck. I can't figure out what Ian Finch's intensions are, maybe just to keep the retailers guessing. Melding two "no-hopers "together ain't going to solve anything.{ 2 times 0 equals 0! }TRF and IFE are disasters, big time. If you look at historical values to justify an investment , you are going to run into big trouble. Mind you I'm not one to give advice as I still hold TRF, I'm not proud of it! Not worth buying even at these levels, and too cheap to sell.Best seasonal wishes to all, holders or not!l
TYX Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
TRF Price at posting:
2.0¢ Sentiment: None Disclosure: Held
