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Ann: AGM addresses to shareholders, page-4

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21/10/20

11:57

Post #: 48263952
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Originally posted by Mr.Dollar: ↑

The Share price is getting smashed after these AGM results to shareholders.
A very uneventful report, no real progress made. With the stores opening right through the pandemic, you would have expected figures to have been a lot higher/better like other retailers (JB HiFi, Coles, Harvey Norman, etc). So if they could not have much better results with hardly any competition I don't see The Reject Shop going anywhere to fast. The "Fix" stage they are currently in, looks like it may run for a long time.
No wonder a major shareholder has been relentlessly selling their shares in the last 2-3 months.

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This is not new information - the AGM address is in regards to info released on 19/8/20, FY20

TRS Price at posting: $6.44 Sentiment: None Disclosure: Held
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Ann: AGM addresses to shareholders, page-4

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