totally disagree i'd rather be in a placement where i have full exposure to the assets... in this case we buy trf placements...the money is used by trf to buy more ife placement stock....to maintain its % holdings when ife does move up...the move is generally not translated to movements in trf....not of late anyway... consequently we do not benefit from this situation unless some major announcement is made...and we haven't seen one of those for a very long time....
trf and ife will perform...when depends on them not changing production dates again...
the main point is..I'd feel a lot better in a placement if trf still owned all the assets it spun off into ife....then if their was an announcement of significance...we would benefit directly.....a big difference.... but for now its a sit and wait for trf to make a few of its own announcements....these of course will not benefit IFE holders.... at least holding trf we have the potential to benefit from changing situations in both stocks
TRF Price at posting:
43.5¢ Sentiment: Hold Disclosure: Held
