You have to get down to page 20 of the annual report but TRX is there! I do find it encouraging that an investment fund that invests in: "entrepreneurial companies, typically with a market capitalisation of less than $5bn at time of initial investment, which are believed to offer long-term growth potential. " and has £1.5 billion of investors money at it's disposal, also sees fit to include a share I have chosen. It's not a big holding, but it's there!
TRX in Baillie Gifford's Edinburgh Fund19 Feb 2021 14:31
After some serious trawling I found TRX in BG's Edinburgh Worldwide Fund. This is from the same group of investments that got into Tesla and Amazon when they were still tiny and a bit of a joke. I'm not saying TRX is going to be that big... but I do find it reassuring that an investment company that has £1.5 billion at its disposal and invests in companies that:
"aims for capital growth from a global portfolio of initially immature entrepreneurial companies, typically with a market capitalisation of less than $5bn at time of initial investment, which are believed to offer long-term growth potential."
has chosen TRX as part of it's portfolio. It's not a big stake, and you'll have to get all the way to page 20 to see it but TRX is there!
if you're new this is a good summary of the company so far provided by a fairly impartial source. There's a report from last October and a series of others going back years showing the companies path to the present.
came out yesterday but only just seen it. Largely positive article. Doesn't say anything people on here probably don't already know but it gives us some publicity.
If he did take them at 10p that would probably push the sp up 1 or 2p by itself... he's waiting for the definitive feasibility study isn't he? Would be a good show of confidence to buy at such a premium now. We can dream...
Big sell off at end and slump in price?16 Feb 2021 17:38
Did the share price drop at close? Google the share price and it shows a 3p drop, my trading app and the price on here doesn't show the same. Anybody else?
RE: Well this is bizarrely irritating14 Feb 2021 15:21
Well that video has had over 300k views and earned over 40k likes. Is it a case of no publicity is bad publicity? May be a few new TRX holders tomorrow morning...?
If you have a look at this report it looks into their expansion programme amongst other things. It does say that the two extra rooms should increase capacity by 50%. So unless I'm missing something that suggests they have four rooms at present...?
Bacanora sold a load of new shares last night at 45p. Hence the drop this morning! :( Don't worry, will pop back up soon. The sale sold out in minutes!