I was thinking the same thing last night.
Should TRU close, I think the share price might have a short term bounce, but as the quarterly's come through, the share price might continue it's existing downwards momentum as the discounting impacts their cash flow in the short term.
Within 12 months or so, the cash flows should start looking even healthier and they will be able to push prices higher (although I am not expecting them to lift prices too high as then it will incentivise people to try in store and then buy cheaper from online retailer).
I was thinking the same thing last night. Should TRU close, I...
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$1.36 |
Change
0.030(2.26%) |
Mkt cap ! $183.4M | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.36 | $1.32 | $322.6K | 239.4K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 650 | $1.34 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 12718 | 2 |
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