To be fair, TRS was priced for failure at $3.50. Even at today's price, meeting guidance will attract a lot more value buyers.
I don't doubt that management have buggered up, I would imagine that the board will give him the bullet if he doesn't perform a turnaround in the short-term.
It would make sense for Dollarama to takeover TRS, as a buildout of stores would not be ideal in this environment.
To be fair, TRS was priced for failure at $3.50. Even at today's...
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Last
$5.91 |
Change
0.000(0.00%) |
Mkt cap ! $259.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| TRS (ASX) Chart |
Day chart unavailable