Long Time Shareholder of TORRSo, I have been a long time shareholder of Torrent Capital, in fact, I owned Torrent Captial before it was even a holding company.
Over the past few weeks, I've noticed a steady increase in share price, so yesterday I thought, I'll take a look at their holdings on SEDAR.
It was then when I saw that they owned 1.6M shares of SONA and then I connected the dots. I worked out the share price from just 2 days ago in comparison to today and thought in the least, TORR should be trading at 74 cents, but now I see that TORR was trading at 49 cents when SONA was still just above $1 a share.
This is a sleeper that noone knows about, but the sad thing is that TORRENT CAPITAL never do any news releases about their holdings....NONE!
I'm not quite sure what the strategy is of this holding company, but it is obvious that this company is extremely undervalued.
It would be nice if they could at least come out with a news release stating their holdings in SONA and other companies in their portfolio.