TRS the reject shop limited

price target?, page-29

  1. 17,830 Posts.
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    "This usually happens when the broker is involved in underwriting a share issue !! ... they raise the share target overnight to 4 times previous levels lol"

    Are you suggesting TRS is due to issue fresh equity capital?
    Just a few months after they last did so?


    "Anyhow, lets see where this ends at ... I still stand by my $5'ish price target "

    $5?

    That clearly suggests significant value-at-risk from current levels.

    I'm always keen to hear views that can help me avoid impairing the value of my capital.
    To that end, any chance you can provide an indication of how you arrived at your $5-ish price target?

    .
 
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