Reasons for shorting bloater? Fundamentally what do you think they are doing wrong?
Management has been a bit of a mess as of late but I fail to see besides this what the company is doing wrong at this point in time. They are expanding across the country which I perceive as a good sign and have a good cash position. Although the retail numbers posted yesterday were less then expected I think the high australian dollar is a big plus for TRS.
What do you value them at?
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