Dont think there are many buyers on market, since most of the TRF faithful are waiting on the Rights Issue. This announcement should secure confidence for people to take up the issue and move the company forward. Price will not appreciate much until thats over.
Dont worry, the story is all good (as it always has been), by the end of the year (or at the point IFE becomes producer if it overlaps into next year), I can only imagine the price will be significantly higher than it is today.
TRF Price at posting:
54.0¢ Sentiment: LT Buy Disclosure: Held