This is a big market year with record amounts of money flooding into the ASX.
With TRF, I think it is possible a lot of folks may have reacted the way I first did to the ann - thinking it was a stingy offer in comparison to many other floats of late - i.e. where were the freebies/cheapies for existing shareholders. I recanted quickly, yet the sentiment has seemed to follow my original reaction.
IMHO the ann should have indicated a firm float price which would have avoided the edgy sentiment and speculation.
Also imho the lower sp now offers an excellent entry or topping up opportunity.
TRF Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held