TRH 0.00% 83.0¢ transit holdings limited

good medium term investment, page-148

  1. 5,363 Posts.
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    I've got a feeling TRH will fall back after the Diggers and Drillers inspired run on Friday.

    The shareprice was already looking toppish at 91c close on Thursday.

    I suppose D & D subscribers late to the party will still be buying but a 2.2% fall in Dow overnight will not help the stock that much.

    I see it retracing to high 80's.

    I also have a question about cash reserves...once they complete drilling programme will they have any cash left? Will there be another capital raising at this time and at how big a discount to the shareprice?
 
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Currently unlisted public company.

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