a one for ten plus one option for every two new shares granted
trf in the mkt 13 -14 gives us 1 to 2 cents premium
the options in the mkt say 3 cents but this will equate to 1.5 cents per new share as we get only one option for every two new shares
with me still ?
premium 1 to 2 cents plus 1.5 equals ball park figure of rights value as we stand 2.5 to 3.5.
buying well below this as we stand has to be good.
so far no manipulation with trf share price. vols tell us that.
not everyone is allowed to take up their rights. not everyone will want to.
will be interesting to see what develops from here.
I have to sell mine. I am discriminated by archaic legislation which has nought to do with trf. only the bally leagal beagles who will not let me take up my rights as I am overseas but I can buy these same rights in the mkt. stupid ? of course it is and time it all effin changed.
we live in a world of idiots . I will never get used to it !
be good,
40.
TRF Price at posting:
13.5¢ Sentiment: ST Buy Disclosure: Held
