TRS the reject shop limited

"They are facing a take over and you are worried about the...

  1. 17,748 Posts.
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    "They are facing a take over and you are worried about the Directors job or role ? "

    So the directors will breach their fiduciary duties and behave in a reckless manner just because there is someone standing in the market offering to buy all the shares in the company?


    "50M is small change"


    It is almost 5 times the current level of the company's net earnings.
    Small change, huh?


    As for the 350 shops that TRS "has", that's a two-edged sword; those stores are assets they are profitable during times of elevated consumer sentiment, but liabilities when consumer sentiment turns sour and the lease obligations associated with the loss-making stores still need to be serviced.
    Last edited by madamswer: 02/01/19
 
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(20min delay)
Last
$6.66
Change
0.010(0.15%)
Mkt cap ! $248.8M
Open High Low Value Volume
$6.67 $6.67 $6.64 $765.6K 114.9K

Buyers (Bids)

No. Vol. Price($)
3 2217 $6.65
 

Sellers (Offers)

Price($) Vol. No.
$6.66 17844 1
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Last trade - 16.10pm 24/06/2025 (20 minute delay) ?
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