I had a few CFR CLUFF shares, before they changed their name to TNR Torian Resources.
I always did well with CFR, so I continued to invest when it became Torian.
Unfortunately I GOT BURNT extremely badly when they changed their name and did a 20:1 consolidation, then a 33:1 consolidation a couple of years later.
Don't believe me? Just take a look at the charts, go back 10 or even more years, those $20 and higher prices are a reflection of that shareholder capital waste.
Never the less I continued to buy on the dips around 1 cent. Managed to bring my average cost down around 6 cents. (That includes the profits I made on CLUFF, and small top ups along the way @ 1 cent)
It's only been 13 years, and nearly got my money back.
Let's hope it gets to 18 cents so I can sell 1/3 and free carry the rest. It's been a hell of a ride really looking forward to some relief now.
TNR Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held
