look, IFE and TRF are minimising dilution via the proposed RRI. Existing holders are no worse off if they participate 100%. That is not dilutional at all - its self funding. Why cant you see that? Is it because you dont hold?
we asked to keep the project, we asked to minimise dilution. That is EXACTLY what they are doing!
so sushi, would you prefer the "30mill for 50% of the project" deal that they had with MCCM previously? that would of seen our profits tumble!. Is that the better outcome for shareholders?
and if production is never going to occur why did you even invest in the first place?
i feel im wasting my time here...
anyway, cheers! Split
TRF Price at posting:
42.5¢ Sentiment: ST Buy Disclosure: Held
