TRS 2.88% $3.04 the reject shop limited

Ann: Leadership, Trading & Governance Update, page-19

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  1. 842 Posts.
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    agree inventory is likely worth a fraction in a liquidation, but they is worse case. The cash in the bank point is a good one, I hadn't factored in the negative profit half and associated cash outflow.

    I'm sure no one wants to see TRS in a position in which they need to raise money

    I'm thought/assumed that TRS hedges to protect against the full effect of currency variation, is this incorrect?
 
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