Not wanting to denegrate IFE (quite the contrary - I think it is a beaut !)but by my simple maths entry via TRF is by far the best method based on current prices. At SP of 80, IFE's market cap is $66.5m . TRF effectively (counting its 20 free carry) has 47% of the value of IFE = $31.25m. In addition TRF has 5% of ROL value $5m. TRF also has rights to all non-Fe minerals at W. Hill - value unknown but could be v. substantial. Yet TRF market cap today based on SP of 32 is $27m. I just do not understand the huge discount .....
Not wanting to denegrate IFE (quite the contrary - I think it is...
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 (20min delay)
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $10.02M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $154 | 51.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 26339568 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 24696197 | 10 |
View Market Depth
| Last trade - 10.13am 19/09/2025 (20 minute delay) ? |
| TYX (ASX) Chart |