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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

Comment by futomakion Sep 12, 2011 4:13pm
229 Views
Post# 19034192

RE: updates??

RE: updates??TriAusMin management will be in Canada next week to start off the promotional campaign which is much overdue. We really need to clear out these Aussie TriAusMin shares(TRO) that keep getting dumped in Toronto(TOR). Its very obvious that the buyer over there is simply selling over here for a marginal profit. So this must mean that there really isnt any interest from anyone except for this one buyer who is picking up Aussie TriAusMin shares(TRO). This purchaser seems to be able to pick up shares very easilly and price doesnt matter as the shares are dumped the following day anyways for a cent higher.So the solution is simple. Management has to find a way to get shareholder support in Australia. More support will clear up any overhang over there easily.Or the other option is he finds big shareholders willing to buy a few million shares at a time from here in Canada and we simply buy out the rest of the tradeable shares in Australia that are getting dumped here.I just hope that management can clear this problem up fast. We have a good market and our stock chart is looking very ugly. All due to this arbitrage. Its very dissapointing to see.This is a quote from Topdog on another BB. Cheers Maki!
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