Only discovered TTRs probable disposal of Silverlake shares by checking Silverlakes Top 20 list. Unless TTRs shares are held by a nominee it looks like they may have been sold and probably at a value above par. TTR or Silverlake were not required to report the sale!
Reasonable interest shown on Friday and very thin on the seller side. I think those that are holding now are in for the longer term. This includes Megan it seems. Why didn't she sell a while back and put the cash into one of the other juniors who have better management???
Sorry Megan, if you think my defence of TTR management is wearing thin. Surely everybody deserves a pay on Friday - even you Megan. Me up to no good Megan? Not my style - all my posts try to be reasonably analytical in an attempt to create dicussion. Nothing more / nothing less.
Sure I am disappointed the way things have gone - lost more on TTR than you for sure. However, I am more critical of the way management of NAB, ANZ, OZ Minerals (and some other poor performers I hold) have exposed themeselves to risk and debt over recent years - absolutely. Glad TTR has virtually no debt at all - just a very good asset in Phillips River and probably enough working capital to get through the tough months ahead!!!!!!!
TTR Price at posting:
2.6¢ Sentiment: LT Buy Disclosure: Held
