TRS the reject shop limited

Ann: Intention to Make Takeover Bid, page-174

  1. 17,748 Posts.
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    "How about (IMO) it's way undervalued.?"

    Sure, there I agree with you, but a great many stocks trade for periods at levels that do not reflect fundamental valuation. But that doesn't mean there is manipulation involved, which is what you are claiming.


    "Wow man , you were arguing with me when i was saying the stock was a buy at $2.20 and below."

    Bit of a red herring comment.

    I was not disputing valuation (indeed, my shares were purchased at prices below $2.20); I was pointing out the financial risks in terms of the significant lease obligations. And I have indeed done so ins subsequent posts.

    But let me ask you one more time, seeing that you believe the share price is wrong:

    1. Where should it be trading?
    2. Where would it trade if there was no live offer for the company at $2.70?
 
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(20min delay)
Last
$6.68
Change
0.020(0.30%)
Mkt cap ! $249.6M
Open High Low Value Volume
$6.66 $6.68 $6.66 $927.6K 139.0K

Buyers (Bids)

No. Vol. Price($)
4 48915 $6.67
 

Sellers (Offers)

Price($) Vol. No.
$6.68 17411 2
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Last trade - 16.19pm 25/06/2025 (20 minute delay) ?
TRS (ASX) Chart
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