Welcome to the ASX Trainstop. The chart on TGS looks much like many other companies that did CRs. I just hope that this one doesn't turn out like AOH although IMHO TGS is a vastly superior company with better cost control.
Looking at the daily the SP jumped from low 30's to high 30's ahhhh...... exactly 10 days ago. Now that is a surprise!
Thus, the CR is at the upper end of the price for the previous 10 days. I would like to re-enter but will wait and see if it drops back to 30 and holds. This one may not and may bounce back to the 40's. A risk I will take.
TGS Price at posting:
39.5¢ Sentiment: Buy Disclosure: Not Held
