Great news - tops up cash to over 60 m - if they securitise grower loans could be 100 m by end of year
momentum seems to be building again . Closing in highs and highest since recent sell off .
On the sell off - confirmed that a private broker report ( paid for by a private party ) produced by collision Taylor was distributed to a select few instos causing the sell off - coincidentally the short positions by UBS were closed off with stoc being returned to UBS. I contacted Taylor collision and was advised they do not cover stock despite being told by company and a institutional dealer at Cannacord they had indeed produced a private report . The short sellers have no shame . Company peeved that the analyst did a report without contacting company which they found poor. Clear collision by short seller and Taylor collison . No doubt report as funded by short sellers directly or indirectly
TFC Price at posting:
$1.38 Sentiment: Buy Disclosure: Held