TRS the reject shop limited

Ann: Intention to Make Takeover Bid, page-187

  1. 1,802 Posts.
    lightbulb Created with Sketch. 107
    "PS. Any chance you could respond to the question about substantiating your earlier assertion of " ...since then only 38 sellers (who probably bought at $2) has put their shares on market"?


    Dunno why you keep going on about that ... seems a reasonable statement (the 'probably'  assertion was clearly an opinion ... and a not unreasonable one ... people taking a profit).    Its was a reasonable statement at a specfic time.

    Currently (for the last 30 minutes) theres 43 sellers for 83,460 shares ...  61 buyers for 3,495,371 shares.  Ok, ignore the takeover bidders 3,000,000 and you've still got 60 buyers wanting more than 400,000 shares.   For the last month , the number of potential buyers has every day exceeded the number of people looking to sell.   


    To my mind, in a free market, that ought to be pushing the price up , up, and up.

     

 
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Last
$6.68
Change
0.020(0.30%)
Mkt cap ! $249.6M
Open High Low Value Volume
$6.66 $6.68 $6.66 $847.4K 127.0K

Buyers (Bids)

No. Vol. Price($)
1 7 $7.00
 

Sellers (Offers)

Price($) Vol. No.
$6.34 4 3
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