TRH 0.00% 83.0¢ transit holdings limited

The main question for Friday is - given the small amount of...

  1. 7,157 Posts.
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    The main question for Friday is - given the small amount of shares in issue and tiny freefloat will there be any stock for sale in the Ask queue in depth.

    If there isn't much offered then we could easily see a 2006 vintage CDU type run.

    A $100mn mkt cap = $2.19 per share

    And a $200mn cap = $4.38 per share.

    My feeling is that somewhere between the 2 is a level that can be justified in the current potash friendly market at some point later this year.

    It's just a case of how quickly we get there.

    All TRH holders should be a lot richer tomorrow.

    EB
 
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