"Loss in value in IFE obviously impacts dramatically on TRF as well, but, even more, it throws doubt upon the motivation of the TRF directors - how long will it be before they believe they are entitled to 2m performance rights in TRF ??? I have a significant shareholding in both TRF and IFE - currently looking at a 20% loss but very tempted to cash out of both - or fight !!"
Fisho, if you're prepared to fight then, for a start, I'd suggest that you attend the AGM and move a motion before the meeting that resolutions 2,3,5,6,7, & 8 be ruled "out of order" as they do not comply with ASX Listing Rule disclosure requirements.
Stagman
TRF Price at posting:
41.0¢ Sentiment: None Disclosure: Held