Q: TH on TNX has expoloded the last 3 days from a dollar to $ 3.00 What is advance all about ? RAK
5i Research Answer:
TH more than doubled last week, but still remains down more than 37% for the year. On Sept 5 the company released some preliminary data, indicating it expects to report positive EBITDA for the 3Q, and clarififed its cash position ($23M). This, along with an article in La Press, where the CEO indicated the sharp drop this year was 'unjustified' brought investors back into the stock.