I read the report on the ipo...sounds like a financially sound way to go...but the report which had to be long in the making...as we've seen no reports since the desktop study......none at all.......the report lacks information...like the price of the shares...any discount for existing shareholders...any free attached oppies....
too little info...bound to send many for the doors...
but worse still.....global markets are skittish ..fearing a chinese rate rise...
comments like this fuel expectations of dumping across the market...
"China stocks fell more than 5 percent in Shanghai <.SSEC> as
investors braced for first-quarter economic growth data expected
to be released at 0700 GMT. The release had been delayed from the
morning to the afternoon, which some analysts said could be an
attempt by authorities to blunt the market impact of what might
be exceptionally strong figures. [ID:nPEK358264]
On Feb. 27 signs that China was overheating and concern that
Beijing may crack down on rampant stock market speculation sent
the Shanghai Composite Index <.SSEC> skidding 9 percent -- a
slide that sent investors worldwide fleeing from riskier
investments, such as emerging markets and stocks.
..........
trf is not insulated from this reportin...and tomorrow is friday...with the US and European markets opening after we close.....many are playing it safe betting they can buy back in on monday for less.....longer term a good stock...but a bumpy market road ahead....
- Forums
- ASX - By Stock
- TRF
- bids building
bids building, page-18
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)