Hi All,
I was just wondering if anyone else here is interested in The Reject Shop due to its counter cyclical nature. Following the GFC it rose quite a bit and I could see the same occurring in our context - perhaps even more due to the higher level of unemployment likely to be announced. It’s undervalued and if this is likely to be the case then it might be a worthwhile purchase. I’m also curious about the large changes in the management area and similar, do you think these will have a positive impact?
Thanks in advance,
Sam
TRS - a counter cyclical stock?
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Last
$4.24 |
Change
0.060(1.44%) |
Mkt cap ! $163.2M | |||
| Open | High | Low | Value | Volume |
| $4.19 | $4.24 | $4.04 | $365.6K | 89.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25 | $4.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.28 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.12 |
Change
0.060 ( 1.79 %) |
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| Open | High | Low | Volume | ||
| $4.19 | $4.19 | $4.04 | 7875 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| TRS (ASX) Chart |