Great report from TRY today. Let's hope we get follow up so the market believes it.
Still trying to follow your figures Sam
1 x PER. ? Had a loss last year. 2nd half was minor but still lost. Trying to work out where the $50m profit is to match the 1 x PER (or 0.5PER)?
Net cash positive. I have looked at the quarterly over and over. Still can't see it. Debt was $US11.8m. converted to $A means they have more debt than Cash/Equiv.
Cash bullet? Why did they defer the debt repayment with all this available cash. Maybe it wasn't there?
I want to believe all your posts but how? Agree TRY is undervalued on potential but not on current financials.
TRY Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
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