TRH 0.00% 83.0¢ transit holdings limited

looking good for the closing auction

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    If I remember correctly back in April when we closed at the recent high of 95.5 it was the closing auction that saw a majority of the buying for several days in a row.

    Looking at the bid / offer depth with an hour to go I suspect we may have a repeat today.

    We had several hundred thousand shares worth of bids that came and went in yesterday's auction and today bids that have been sitting lower down in depth are raising their prices.

    Sometimes the closing auction is the only way to buy TRH in any size.

    Today looks like one of those days thanks in part to the broker report that appeared to the wider world today.

    EB
 
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