I wasn't suggesting a positive announcement is eminent, the stock seems to close on its lows most days on relatively low volume. IMO that is more suggestive that there is a washout coming or there is bad news on the way.
Given that the stock trades on a premium to most of the higher quality retailers it doesn't appear that it will take a mediocre update well. Given Metcash's loss, Aldi making inroads and Woollies (has it's own issues) and Coles looking like being very aggressive on discounting they would have to have to stun the market with their best ever result to re rate higher.
I'm interested in your opinion though, what p/e do you think it should trade on ?
- Forums
- ASX - By Stock
- New floor formed at circa $7
I wasn't suggesting a positive announcement is eminent, the...
-
-
- There are more pages in this discussion • 72 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TRS (ASX) to my watchlist
|
|||||
Last
$3.25 |
Change
0.000(0.00%) |
Mkt cap ! $121.2M |
Open | High | Low | Value | Volume |
$3.25 | $3.31 | $3.25 | $48.05K | 14.67K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1420 | $3.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.29 | 3039 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1420 | 3.250 |
3 | 7312 | 3.200 |
1 | 500 | 3.180 |
1 | 3148 | 3.170 |
1 | 4375 | 3.150 |
Price($) | Vol. | No. |
---|---|---|
3.290 | 3039 | 1 |
3.350 | 5196 | 3 |
3.370 | 170 | 1 |
3.400 | 2900 | 1 |
3.490 | 1000 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
TRS (ASX) Chart |