TGA 0.00% $1.17 thorn group limited

Ann: Change in substantial holding from IFL, page-16

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  1. 4,244 Posts.
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    In my most recent post of 02/03/2017 the SP was $1.51, and I mentioned that on the FNArena site the price target was $1.75. The way the SP has been moving in recent days suggests this target is likely to be hit soon. The strange thing is that the SP has moved up from $1.47 (at COB 20/02/2017) to hover today at circa $1.66 in the absence of any news.

    I regard $1.50, or thereabout, to be the no-brainer point for TGA, so in spite of having too many TGA shares, I bought 30,000 recently at $1.48 (settled on 23/02/2017). On this basis, I should have expressed my sentiment as "Buy" in my HC post of 24/02/2017, but I did not think about it, so it defaulted to "Hold"..
 
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