News Focus
News Focus
Followers 1
Posts 224
Boards Moderated 0
Alias Born 06/01/2019

Re: howardriggin post# 1657

Thursday, 07/01/2021 1:34:42 PM

Thursday, July 01, 2021 1:34:42 PM

Post# of 5053
Here is how I see it..not Mr. Know it All.
1. TRCH shares cut in half.
2. Theoretically value SAME after split.
3. Split came later than announced.
4. TRCH 4.90 prior to split. On books at 9.80 after split...BUT market scoundrals drove down to mid-7s immediately>>Instant loss.
5. Preferred shares never arrived on announced date...even days late NADA. Not saying it will not show.
6. ALL Anouncement dates were misrepresented despite companies/agents having adequate time to accomplish.
7. Pref. Shares should include prior to 12/31/2021 on a pro-rata basis all oil and gas asset sale receipts except "holdbacks"..plus $250Million of sold shares previously approved by SEC. Plus other unannounced assets.
Company has no debts.
8. All above should be a go if TRCH board HONEST. If not HONEST both us and they will have big problems.
9. Don't believe TRCH is currently in any negotiations for sale. Just holding on to cushy $250M.
PLEASE COMMENTS WELCOME
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y