TRF 0.00% 1.9¢ trafford resources limited

trafford set to run on ife?, page-3

  1. 3,701 Posts.
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    scorer
    If you want control of IFE then you have to make a takeover for IFE. Buying TRF does not help you. Sure you get 50.001% of IFE but you still cannot get your hands on the cash that IFE will generate. The only way TRF can get the cash is if IFE pays a dividend.

    At the end of the day if you cannot get control of the cash flows then theri is no point in making a takeover.

    You could do a Alan bond and illegally strip the cash from IFE and he did with Bell Resources .However he did end up in jail for that.
 
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