TRF
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0.00% 1.9¢ trafford resources limited

dradam, gradual decline over last 1 and half months does not...

  1. kermit345
    667 Posts.
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    22/06/11
    11:31
    Post #: 8571385
    dradam, gradual decline over last 1 and half months does not paint a pretty picture. However I agree with you that anything below 30c is very very cheap for the potential TRF has, particularly if IFE meet their goals and cashflows to TRF are as predicted.

    I'd be averaging down further if I had more confidence in management and the spare funds to do so. Obviously someone has today decided its time to get in or increase their holding. Volume is up and SP is positive. Could this possibly be time to turn the downward trend?
    TRF Price at posting: 29.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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