TGA 0.00% $1.17 thorn group limited

Serious buying today, page-2

  1. 4,233 Posts.
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    Large volumes are going through at a rising SP today, 09/09/2014. I believe that bodes well from the TA perspective. The average volume for the previous 255 days has been 239,073. Yesterday's volume was 692,547 and at 10:50AM today the volume was 720,287.

    It's interesting to realise that in February 2014 the SP had dropped to about $2.00 for no fundamental reason that I can recall. I have not expended time recently to revalue TGA, other than to hold to my earlier valuation of roughly $2.60 – an SP that I hoped to see by November. My plan was to recalibrate my valuation when the half-year-ending-30/09/2014 results are published circa 20/11/2014.

    I am hopeful that James Marshall is going to turn out to be an even better CEO than John Hughes was. James has had twenty years of tutelage under John, so he can take from that all John's good points, then add a bit of his style. The recent announcement by James was the best summary of what was happening at TGA that I recall reading, and I have read every announcement made over the last six or seven years. Cyph commentedin his post of 28/08/2014 along these lines too.
    Last edited by Pioupiou: 09/09/14
 
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