$2.5m would be almost 5% of TRS right now. Isn't that a bit too much asking him to buy 5% of the company, especially considering that he only joined the board in June 2019 and the salary of non executive director of TRS is approximately $100k?
He's more than able to spend more if he wants, for example, in the past 3 years, he bought approximately $571k of BRG shares in multiple occasions. For the record, BRG is a company whose valuation is a lot more expensive than a "bargain" TRS at the moment.
We are talking about TRS here, a company whose financial wellbeing is not exactly that healthy right now.
We have to give it to him that his action is a lot better than the BS given by the outgoing chairman for the past 10 years!
$2.5m would be almost 5% of TRS right now. Isn't that a bit too...
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Last
$3.14 |
Change
0.040(1.29%) |
Mkt cap ! $117.1M | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.18 | $3.10 | $342.7K | 109.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6525 | $3.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.18 | 37280 | 1 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| TRS (ASX) Chart |