splits "makes IFE look crazy cheap"
you could say that about 500 stocks or more.
If it were "crazy cheap" then the market would "compensate crazily".
IFE and TRF are getting the treatment the the management deserves. It is an indictment of the poor management skills displayed by these option junkies.
You are right of course. On paper the assets and the offered business structure and model look tantalizingly lucrative.
But on the second look it's turned to mud.
They have given themselves a year to turn this around.
The market won't wait that long. It'll revisit later next year and see what stage these two inept boards are at with their corporate leggo blocks.
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