Ann: TFS TO RAISE $37.9 MILLION VIA PLACEMENT AND, page-8

re: Ann: TFS TO RAISE $37.9 MILLION VIA PLACE... Yes, it was strange that with the good half year result the sp was going down - somebody knows something!

l suspect they have some acquisition in mind, possibly more land.

they are priced on their MIS sales currently and the kicker will be oil in a few years - its a long term play!
My super fund has been enjoying the FF divs along the way so it is not a struggle to hold.