thadius, i completely agree about your 'coincidence' observation. both IFE and TRF are exhibiting the same characteristics, and both Share Prices have been manipulated by bots and capping orders. I honestly do not believe our stocks are fairly valued, and a major reasoning for this is this manipulation.
Given we are at the pointy end of financing, it is definitely not a coincidence that the SP has been pushed lower. It is a shame there has not been enough buying pressure to counter-act this decline, and IMO that has a lot to do with the delays in DFS progress - impatient people, and fair enough.
IMO, once we see the DFS and successfully raise the required 20-30mill cash to get us into cashflow, we will see the re-rating occur. Hopefully if they do a placement they do it with some big insto investors, thus spreading the word, and adding more cornerstone investors to the registry.
cheers Split
TRF Price at posting:
47.0¢ Sentiment: ST Buy Disclosure: Held