It's the same sort of attitude that is common to most punters of the horses. They like a horse, they want to back it, then they see its odds - say $15.00 - and so say, "It can't win at those odds."
It then wins.
If it was just paying $4.00 or $5.00 for every dollar wagered instead of $15.00 or $20.00 they would have backed it.
That is exactly what is facing IFE and TRF right now. In view of everything that has been released indicating what a highly profitable mining operation will be started in early 2011 with massive profit upside the market capitalisations are far, far too low.
Result - investors en masse decide, "There's got to be something wrong. It can't be a winner."
It's up to IFE and TRF Management to change this view. So far they have not succeeded.
TRF Price at posting:
50.5¢ Sentiment: Hold Disclosure: Held