TRS the reject shop limited

Ann: Variation of Takeover Bid, page-9

  1. 6,600 Posts.
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     Hi @Andrew.
    I think what they are talking about is the initial collapse in the SP just prior to the takeover bid, showing it was well and truly over sold.
    From 15.10 to 9/11 it fell from $480 to $2.00, just crazy on the profit downgrade.
    Certainy imo ddid not justify any where near that massive drop, and that shows given the nature of Allensford subsequent T/O bid.
    drifta
 
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