Who knows what is happening but we will find out before open on Wed. My take is that the TRF share price has been held up in the past week. There has been a lot of orders at 40.5c and 40c, so IMO the bigger players are holding up the SP for the CR.
My guess (purely a guess) is that it will be at 35c, this will probably cause the SP to go to that level but I would suspect that current shareholders will a chance at this level and IMO it will be a similar mix to the IFE CR with the big players doing a placement as well as an offer to current shareholders
Interesting times
D
TRF Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held