I reckon TRS is a reasonable bet. However, interest in retailers...

I reckon TRS is a reasonable bet. However, interest in retailers has been decaying for some time. Lidl's entry into Oz will only put more downward pressure on margins. TRS has been adept at responding in the past, if somewhat delayed, so this remains an interesting space to watch.

For me there isn't a compelling re-entry until it reaches about $10. For the sake of the current holders I hope this doesn't happen. If it does, it will be a massive buying opportunity (which means, of course, it wont!).