TRH - hi tradedemon, I liked your spreadsheet with and without...

TRH - hi tradedemon, I liked your spreadsheet with and without the coal acquisition over on the TRH thread, I don't know how i got the value of options at $3.2m, should be $1.9m as your calculation shows, still a negative EV though.

WAL was a great find by gizard, i've had HRS and DGR on watch for a while now, not sure if they're currently negative EV at the moment, i know they often trade below the value of their spin offs.

As for TRH chart, not sure really, couple of gaps, not much volume - i find it interesting that the TRH share price managed to rally to 39c with a sub holder buying when RAD traded up to 29c soon after listing plus the Columbian coal announcement. They're in a better position now with the sp considerably lower.

All depends if RAD can hold onto their gains or push on from here, if there's another push tomorrow, i'm hoping for a bit more action in TRH.