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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

Post by PresidentBidenon Aug 06, 2020 1:23pm
232 Views
Post# 31374003

Stock worth upwards of $1.25

Stock worth upwards of $1.25The stock price of Torrent is very much linked to how SONA is doing, but I'd say that Torrent shareholders are in a much better position as this company's cumulative worth is well above the current share price.

Remember, Torrent owns or owned 1.3 million shares of SONA in which they were purchased well under $1, so the profit has been huge.

Part of me hopes that Torrent sold some or all of its SONA position and part of me hopes that they let it ride.

We'll see when the quarterly reports come out.

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