Thorburn everyone is entitled to their own opinion but I disagree. Before the CR was announced, there was approx 800,000 on screen on the buy side and approx 400,000 on screen on the sell side, with most of those buys around 40c and I had assumed (maybe wrongly then) that the 280,000 or so that was at 40c was the "mum and dad" investors and not big boys!!!!. I think they did know it was coming.
Look I am not naive enough to believe that the SP wont get a shock, but I am a long term holder and believe that the short term fluctuations can work to my benefit and by years end everything will come good.
Look I picked up some TRF at 15c in the depths of the GFC and have bought other parcels under the current SP so I recognise that there will be ups and at the moment downs and will be ready to pick up more if and when the time is right
I still rate a hold at the moment
TRF Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held