TRF 0.00% 1.9¢ trafford resources limited

Thadius,"....but I have said before, that prior to the AGM you...

  1. 304 Posts.
    lightbulb Created with Sketch. 69
    Thadius,

    "....but I have said before, that prior to the AGM you may not feel as frustrated".

    TRF share price has fallen almost 25% since that statement. Many TRF and IFE posters on this forum are long term holders. Thus, they are likely to have bought in at levels 200% - 500% north of the current share price - it is a long way back to those levels from here.

    i bought more TRF in March (.44c) this year following 'confirmation' that IFE mining would commence by the end of the year - now having averaged down to approx .60c). At that time the All Ords was at a high of 4500 points, so while the index has fallen 5ish% the value of my TRF investment has fallen more than 60%.

    So my question is, between now and November, what makes you say we as shareholders may not feel as frustrated?

    I, like most holders will judge frustration levels based on the share price, there will have to be a hell of a lot of good news for the share price to move a significant way above current levels.

    Possible, but not probable given the history of both IFE and TRF. I know you think most holders on here focus on the negatives, but let's face it, there aren't a whole lot of positives.... perhaps you could enlighten us further?

    Cheers, uncleapl

 
watchlist Created with Sketch. Add TRF (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.