If that is the case i can now understand the quick drop in the share price down over 20% in a couple of weeks or so.
Plus you always say plenty of interest from insto's but why is not many buyers and with under 150k shares on the buy side, i really can't say many punters are interest....can you??
Plus if there was alot of interest i don't think we would have dropped over 20% do you?? Plus if i was interested i would be buying from all the sellers and i'm sure the buy side would look much better....just like IFE buy side looked on Friday.....
Also if Ian needs to raise more money i can bet IFE will have more delays and he knows that better than anyone!
If we start drilling and get some good results the share price will head north and then thats the time to Capital raise...true!
How much longer do you think our drill results be?
TRF Price at posting:
39.5¢ Sentiment: None Disclosure: Held