TFC tfs corporation limited

Extract from - AFR 8/10/12 TFS bends in the wind of board...

  1. 104 Posts.
    Extract from - AFR 8/10/12 TFS bends in the wind of board change:

    "fears are that a takeover offer that involves Wilson backed by Privaye Equity Firm"

    If true, that would explain:

    (1) why good news is not shared
    (2) why all directors are leaving
    (3) why you appoint an investment bank to do a strategic review of your business
    (4) dividend is not paid
    (5) play down yields
    (6) delay harvesting

    Voila - share price is depressed and your takeover is cheaper.

    Anyone heard anything that could confirm what AFR alluded to?
 
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