TRH 0.00% 83.0¢ transit holdings limited

target upgrade, page-10

  1. 5,363 Posts.
    lightbulb Created with Sketch. 50
    Agree with your thinking mitis.

    May test the theory that shareprice always falls back to the capital raising price. TRH did this with the first tranche of capital raising falling from 74c to just under the 56c issue price.

    The second tranche will be voted on on 26 July and then shares released (at 56c purchase price) into market over a period of time.

    I'm also looking at the gap now forming in the attached chart...and expect the gap down to 64c will be filled in comng days.
 
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