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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 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 wallpaper2on Jul 22, 2020 10:46am
82 Views
Post# 31301679

RE:RE:RE:$1

RE:RE:RE:$1New here.   Can I throw out some ideas or scenarios?
Torr owned IMV [390,000 shs] and 1.3 mil shs of Sona on March 31st. quarterly report.
Would Torr announce the sale of Sona being it would be a material change?
Torr likes IMV and IMV did a PP on May 7th @ $2.86. Torr may have bought into that PP heavily?  IMV went up $4 a share in one week recently,
Torr/IMV/Sona are all Nova Scotia companies and they would obviously know each other to own each others stocks. I would think that Torr would hold onto or have even bought more of both IMV and SONA  since they believed in them in the first place and could pick the phone or go for lunch anytime and receive an update..
If asked point blank if they sold their shs in Sona, Torr would be foolish not to come clean unless they have something to hide? Torr's next quartery report is not due out until the end of August but they could release it tomorrow if they wanted to. Quarterlies can be prepared within a week if needed.
If Torr still owns and added more of IMV and Sona, then it will go balistic on approvals. Gold shares will just be a nice kicker.  Someone needs to ask these questions. Conference calls with the CEO take place all the time and are very acceptable with the Toronto Stock exchange.
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