Major shareholder Grahger Reail Securities keeps selling down their position and did so again today...."Grahger is well known to have a reputation as a canny investor and seems to understand the retail sector well." as previously quoted in the Financial Review newspaper.
They have now sold 5% of their total share holding in the past few months, so they obviously don't like what they see in TRS, or don't see any growth in the share price and want to get out ....Otherwise which canny investor would sell if these shares were going to go up I am assuming they are trying to sell down all their holdings now, and with another 10% / 4,000,000 of their shares to be sold, the share price will continue to slide south as this stock has very low volumes.
TRS Price at posting:
$6.52 Sentiment: None Disclosure: Not Held
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