If that is the case then TRF's holding in IFE will be dramatically diluted...IFE market cap 51M and they need somewhere around 30M (this number keeps changing).
Also as mentioned earlier, IFE did not resolve to issue additional shares but TRF did pass a resolution to issue up to 15% additional shares.
- Forums
- ASX - By Stock
- TRF
- confusion
confusion, page-3
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TRF (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online