TRY 0.00% 3.0¢ troy resources limited

line swipe of 10.5c looking imminent only 40k offerees onscreen...

  1. 2,060 Posts.
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    line swipe of 10.5c looking imminent
    only 40k offerees onscreen
    bidders building at 10.0c more than a 13-1 bid/offer ratio on the match!

    Some like the low dilution & extra cash looks like

    fears of a large dilution at low costs weighing over TRY since early 2017 have been smashed, the fact that this is such a small CR at over 10c shows the market that TRY doesnt need any funds really. This looks to be just a tester to see which of the 3-4 holders/INSTOs wanted more shares.

    Now they can say, well you had your chance and blew it.
    The TRY BOD could have managed this better and shows the CR was so small and insignificant that it was a waste of time really.

    Breakout gap running as new drill results will be in soon.
    Last edited by Samboy69: 24/12/18
 
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