Just about need a doctorate to understand some of the rubbish statutory market announcements!
I'm not fussed with Regal lending their stock to be shorted. On a business with such strong underlying fundamentals, eventually the shorters will need to buy back, giving any upward price momentum an added boost.
And with today's announcement of a $50m contract to supply the world's largest essential oils business at a price higher than the value TFC recorded it's inventory at plus 2.5% annual CPI adjustments, any shorters are taking a monster gamble on this one!
- Forums
- ASX - By Stock
- TFC
- Ann: Becoming a substantial holder-TFC.AX
Ann: Becoming a substantial holder-TFC.AX, page-9
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)