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Torrent Capital Ltd T.TOR


Primary Symbol: V.TORR Alternate Symbol(s):  TRRPF

Torrent Capital Ltd. is a Canada-based investment issuer, which invests in the securities of private and publicly traded companies. Its investment objective and strategy (investment policy) is to grow the Company’s capital by generating gains from capital appreciation, interest earned, dividend income and fees. The Company invests in companies that are due to experience accelerated growth or are trading at a discount to their intrinsic value. It allocates its capital towards a multitude of sectors and businesses at various stages of development. The Company maintains a concentrated portfolio of public securities and may invest in private placements, event-driven opportunities, special situations, and private companies with a clear liquidity window. It may also provide advisory services to select companies in conjunction with its investment mandate.


TSXV:TORR - Post by User

Post by mailmancpon Feb 18, 2011 10:24pm
446 Views
Post# 18162775

Hmmmm is RBC the main Seller?

Hmmmm is RBC the main Seller?I have been doing quite a bit of digging with TriAusMin Ltd and I have located an article on RBC's holdings in TRO:ASX (TOR:TSX).   You can see that TriAusMin Ltd has sold off a big chunk of its shares over the last month and a bit.   See article below.
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Article: Below

RBC Global sells 1.5m TriAusMin shares

(News Bites - Australian Stock Exchange)   14/01/2011


January 14, 2011 Friday

RBC Global Asset Management Inc sold 1,474,500 TriAusMin Ltd shares from November 19, 2010 to January 12, 2011, decreasing from 10,000,000 shares (7.22%) to 8,525,500 shares (6.15%).

STOCK DASHBOARD: January 14, 2011

Triausmin
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Now the question I would love answered is how many shares do they have left.    We have seen some decent volume over the last month so it is possible that RBC has sold a couple more million since this report.   That might even be on the conservative side.    So we will probably have to go thru at least another 6.5 million shares before they are out of here.

Again I am being conservative.   It is possible that RBC has sold more than my estimate.  Monday will be interesting in Australia given our runup on Friday.

Cheers

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