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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 company that manages a portfolio of Canadian small cap equities. The Company invests primarily in the securities of public and private companies. The Company's 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. It invests... see more

TSXV:TORR - Post Discussion

Torrent Capital Ltd > Sonas share value to Torrent.
View:
Post by wallpaper2 on Jul 24, 2020 1:03pm

Sonas share value to Torrent.

Based on a share price of $13.00 per share for Sona....Sonas shares are worth $17.355 million.
Sonas holdings account for .72 cents per share of Torrents share price based at a $13 valuation.
If Sona jumps to $130 per share..look out!  That is only Sonas contribution...look at what has happened to IMV's share price since March and their potential is massive as well.
Comment by wateroperator on Jul 24, 2020 1:09pm
Why buy this when you can hold the real thing?
Comment by lumpy13 on Jul 24, 2020 4:57pm
It's called ARBITRAGE. If you look at their statements of 3/31 and the value of their publicly traded equities, they should have had substantial appreciation.  At 3/31 their NAV was 50 cents/share.  Now SONA - assuming they still hold the shares is now worth 72 cents NAV (vs 11 cent at 3/31).  The other shares, by my rough estimate have appreciated 50-75 cents NAV.  With a ...more  
Comment by Sandblaster1980 on Jul 24, 2020 7:01pm
hey wateroperator how are you doing man? I'm in this stock with a small position. Sona might be too expensive for some later comers to the party, even though I think sona as tons of space to run up the board. Miss you on the sona board, F those who think they have the right to tell you or anyone what u can post on a public board. They aren't invited to Vegas baby. Lol.
Comment by Sandblaster1980 on Jul 24, 2020 7:05pm
Hopefully your on to something here but that's why I jumped in with torrent, I see the potential gains to be had in this stock. GLTA
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