TRH 0.00% 83.0¢ transit holdings limited

sell side thinning...prelude to announcement?, page-23

  1. 7,157 Posts.
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    Well if you 2 are correct and all we are waiting for is the end of the 30day "possible" appeal period then we should see TRH moving up during this week in anticipation of confirmation over the next 4 - 5 working days.

    I just hope that the management uses the confirmation as another excuse to market the potential of TRH to the same standard as last month when ROW was confirmed.

    In that case TRH should be due for another re-rating to bring it in line with other potash peers within the next 5 days.

    Only about 46mn shares in issue should make for some i8nteresting trading over the next few days as lack of liquidity in any decent size accelerates the process.

    Let's see what happens, atm I am somewhat overweight in TRH so my comment above could be considered a little biased.

    EB

 
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