TGG
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0.00% $1.63 templeton global growth fund limited

Ann: Entitlement Offer Booklet, page-5

  1. fuzzie
    327 Posts.
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    02/06/15
    06:23
    Post #: 15393358
    I'm guessing they are planning for a market meltdown soon over the Greek debt issue and want to be in a position to both be able to dip in and also keep to the distribution policy. Why else would they be issuing new shares on 30 June that including rights to the 1st July div? A capital raising immediately followed by a return of capital?
    TGG Price at posting: $1.44 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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