It's not all bad news. Clearly allensford are getting some things done that they want. CEO gone, concussion review underway, some stores being closed.
The housing market is slowing down it's slump, apra are relaxing lending rules and the RBA looks certain to cut rates next month. The coalition victory also seems to have improved sentiment.
Meanwhile TRS still has 23m in the bank, as well as a supply chain servicing over 300 stores with $115m in inventory. Market cap is $60m.
Hopefully the economy improves and Allen's clean up the mess. Resulting in a good solid turn around.
Ann: Leadership, Trading & Governance Update, page-15
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Last
$3.04 |
Change
-0.090(2.88%) |
Mkt cap ! $113.3M | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.13 | $3.01 | $107.5K | 35.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 327 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.11 | 1487 | 1 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| TRS (ASX) Chart |