I'm not so sure Phogg..... given that the value of TRF is substantially determined by its holding in IFE (at least for the meantime) it is possible that the new announcement will not be enough to overcome the apparent weakness in IFE. If that is the case, things will become much clearer on 31 March when the IFE options are put to bed. Still awaiting some expert analysis of the latest announcement - it looks pretty good to this layman but that doesn't mean much !
TRF Price at posting:
46.0¢ Sentiment: ST Buy Disclosure: Held
