scorer If you want control of IFE then you have to make a takeover for IFE. Buying TRF does not help you. Sure you get 50.001% of IFE but you still cannot get your hands on the cash that IFE will generate. The only way TRF can get the cash is if IFE pays a dividend.
At the end of the day if you cannot get control of the cash flows then theri is no point in making a takeover.
You could do a Alan bond and illegally strip the cash from IFE and he did with Bell Resources .However he did end up in jail for that.
TRF Price at posting:
85.3¢ Sentiment: Sell Disclosure: Not Held