And they will terminate if it's under $2.70 IMO, why would they sign up for an instant loss in these market conditions?
Plenty of interest in TRS shares though with 2 major players keen to snag more, if either were serious about making a move it will be made after next week or not at all IMO.
A strong move buys a well capitalized company with $800m sales going through the books with a chance to pick the whole damn thing up at $120m at the absolute MOST IMO.
Last week I wouldn't have sold there but I'm going to come out of this bear market only holding the cream of my portfolio, likely a few names getting the chop to top up on the quality performers, 13 names in it currently, I've selected 3 already that will be chopped and one maybe, if the one maybe goes it will be in favour of a completely new holding.
As a chronic under-performer this is going chop chop at some point, absolutely bloody spewing I didn't pull the plug when it was high $'s only weeks ago and my finger was itchy
