The way i see it is that this is a great deal for IFE, as it secures a big partner and will get them through to stage 2 with good profits, whilst retaining the 80% of the real game for now.
For trafford - THIS IS AN AMAZING DEAL as it derisks the project, it is fully funded now and trafford has not been diltuted at all....
I have always been unsure if i should be holding ife or trf, and so i have held both but watch trf outperform now!!!
i expect to see $1 in coming weeks.
TRF Price at posting:
76.1¢ Sentiment: Buy Disclosure: Held