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TRS the reject shop limited

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$5.91

I do believe they aren't allowed to acquire stock above $2.70...

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kittyboomboom

3,808 Posts.

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14/12/18

22:50

Post #: 36866782
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Originally posted by J.S.Mill: ↑

.... in fact, why are there so many buyers !!! ... I'm serious. I would have thought most people would be thinking TRS is under a takeover bid ... the situation is volatile ... the takeover merchant have rubbished the stock ... better to wait for the situation to clarify especially after that sharp drop.
And yet it seems some people (200?) still see TRS as worthwhile prospect. Unless .... the takeover jokers are buying small parcels at say 2.77 and selling at 2.76 every so often .... keeping TRS ticking over but preventing any major increase.

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I do believe they aren't allowed to acquire stock above $2.70 after making that bid on market like they did, correct me if I'm wring but until the offer runs out in January they can't buy more above that level, ie; complete FAIL
Interesting to see if they ever pick up even a single share at that price, as far as I can tell they haven't scored a single one after the announcement was made LOL.

TRS Price at posting: $2.76 Sentiment: Buy Disclosure: Held
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I do believe they aren't allowed to acquire stock above $2.70...

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