"I do have to call b/s on your comment on the TH sell down. that...

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mark79bond

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27/02/21

15:34

Post #: 51387629
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Originally posted by Beto2020: ↑

good points you raise.

I do have to call b/s on your comment on the TH sell down. that was a while ago now and if you go back through the notices they sold less than 15% of their holding after the share price more than tripled who wouldn't take money off the table. since then no other sell down notices from them or any other substantial shareholders.

I stand by my numbers that on just a $5m npat the valuation stands at at least 14c not a bad conservative uplift from where it is and that factors in a 0.5c dividend.

the core issue this company has is its share register. too many day traders that don't know their a$$e$ from their elbows when it comes to company valuations that are purely speculating on easy to understand announcements rather than spending the time understanding the detail around how the company operates or how the sector operates.

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"I do have to call b/s on your comment on the TH sell down. that was a while ago now "

No BS. It's Fact.

They sold millions of shares.

Why did they do that if business is booming & the clt sp is supposedly going to keep rising?

To say that TH had too many shares is imo BS.
IMO they sensed a down turn in the sp due to their own forecasts imo.

In fact,
There is nothing to stop them from selling more next week.

CLT Price at posting: 10.5¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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