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I think the timing is more focussed on the rebranding event...

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Charlie346

107 Posts.

5

22/03/17

15:50

Post #: 23547453
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Originally posted by SA1588 ↑

Either TFC's management has mislead investors or Glaucuas is misleading investors and is manipulating the market. I sense it is the latter. I note Glaucus has undertaken an extensive publicity campaign with its report. The Australian and the West Australian newspapers have reported on it. It also seems a coincidence the report is released following the first significant negative lead from Wall Street for several months.

TFC management will need to respond clearly articulating why the report is wrong. It should follow this with legal action. Alternatively, the Glaucaus report is accurate.

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I think the timing is more focussed on the rebranding event taking place tonight in Melbourne, which involves Formula 1 driver and ambassador Daniel Riccardo in attendance.

TFC Price at posting: $1.31 Sentiment: None Disclosure: Not Held
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