I don't think it would be Transview Resources. They sold down during the recent capital raising. Why? Who took up the recent shortfall in the capital raising? Is there a substantial shareholder notice pending as a result? What company would have the most to gain by taking a cornerstone position in Trafford Resources and would benefit most by having representation at board level? What company brings most to the table from our point of view? If there was a share placement pending you can bet that it would be at a significant premium and that can only mean one thing for the direction of the share price. How long can the share price trade at sich a significant discount to its assets before something breaks? Interesting times ahead.
Stagman
TRF Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held
