Torrent Capital Ltd V.TORR

Alternate Symbol(s): TRRPF

Financial Services Asset Management

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

Torrent Capital Ltd > Wat if they already sold their "sona's"share

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Comment by lumpy13on Jul 08, 2020 11:48pm

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Post# 31243363

RE:RE:RE:Wat if they already sold their "sona's"share

At YE2019, TORR had 1.6m SONA shares. As of 3/31/20 it was a bit more than 1.3m shares. It was the only profitable investment on their books at that date. Would they have stupidly sold down the position?. If so, the NAV could be lower than my estimated 96 cents. Again, the fact that the company hasn't provided an update since SONA surged is the big question. Time will tell.

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