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Bullboard - Stock Discussion Forum Torrent Capital Ltd 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... see more

TSXV:TORR - Post Discussion

Torrent Capital Ltd > Wat if they already sold their "sona's"share
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Post by Northernvince on Jul 08, 2020 10:33pm

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

Maybe they only have 10% of wat they had... maybe 0%... who know!!! Great poker game!!! U need to pay if u wanna watch!!! Good luck!!!
Comment by igold8 on Jul 08, 2020 10:40pm
Nah. Good try. Very unlikely my understanding this should or would have shown on the insider reports because of the affiliate relationships of mutual insiders so should be in the clear. Good luck though trying to buy in at the open! ;)
Comment by Northernvince on Jul 08, 2020 11:25pm
One insider is buying, the other one the is selling... who know?
Comment by lumpy13 on Jul 08, 2020 11:48pm
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.   ...more  
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