TRS the reject shop limited
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Ann: Intention to Make Takeover Bid, page-102

  1. madamswer
    17,750 Posts.
    lightbulb Created with Sketch. 9047
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    19/12/18
    16:33
    Post #: 36909205
    "But TRS price seems resolutely stuck at 2.75 - 2.77 ...."

    I don't understand.

    What else could you possibly expect the share price to do, in the absence of any updates from the bidder, or the announcements of any competing bids?

    For obvious reasons, it clearly won't fall below $2.7o.
    And what would give it any reason to go any higher?
    TRS Price at posting: $2.75 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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