TIL - Trilogy [formerly ECO - Ecoya]

**co0p** · 24-10-2016, 10:21 PM

In one of the result announcements for FY16 it was mentioned that the increase in working capital was due to an increase in inventory and trade receivables relating to the CS&co acquisition. This probably explains the small operating cashflow increase.

**winner69** · 25-10-2016, 11:34 AM

Been quiet on the Western Front the last couple of days

Hope the artillery starts firing up today

At home share price on fire - good sign

We'm get to $5 soon

**boysy** · 25-10-2016, 12:19 PM

Interesting arbitrage play buy on the nzx at $3.90 and sell on the asx for AUD3.80 ($4.05 kiwi)

**winner69** · 25-10-2016, 12:36 PM

Starting to look more promising on the ASX

We'll get there

**stoploss** · 25-10-2016, 12:44 PM

Originally Posted by couta1

That's not entirely true, if sellers were that keen the price would drop accordingly(Providing liquidity) plenty of crafty buyers out there trying to get a bargin, trading in a 3c range for the day(On market) is hardly a dive. Upon the ASX listing either BWX is going to take a healthy correction or Trilogy is going to move toward it's current price, I'm picking the latter. Disc-Bought today at $3.88.

There you go Couta you can apparently buy @ 3.90 and sell at $ 4.05 , that's an AIR Divvy in one trade !!!

**couta1** · 25-10-2016, 01:02 PM

Originally Posted by stoploss

There you go Couta you can apparently buy @ 3.90 and sell at $ 4.05 , that's an AIR Divvy in one trade !!!

Great in theory but by the time your transfer form is processed and movement in the exchange rate is factored in, unlikely to be worth the hassle. Pretty thin trading on the ASX, after a small order at $3.80, next stop is $3.56 so who knows where it will be in a few days.

**boysy** · 25-10-2016, 01:07 PM

Can't see the NZD reaching parity in the time it would take (a few days) to transfer ownwrship from the NZX to the ASX. Would be good to see some of the imago interest or liquidity appearing on the ASX which was mentioned as the reason for dual listing. Don't think it helps TIL still being listed as MPA on the asx via ASB securities however ....