Morning,
Trying to look at the medium term and pretty much thought that this global uncertainty will be around for awhile. It's not looking terminal for now, because we have gdp growth and low rates and a relatively low dollar, so yield will most likely be in favour in the short-medium term. This is a positive for TLS, but I personally won't be rebalancing for at least another month. I have no way of predicting price, but I think it's reasonable to expect TLS to outperform over this year.
I'm interested to hear from yield-chasers if this is an attractive setup for this stock and other utilities etc.
Cheers.
Mag.
12 months time
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Last
$3.83 |
Change
0.005(0.13%) |
Mkt cap ! $44.19B | |||
| Open | High | Low | Value | Volume |
| $3.83 | $3.84 | $3.82 | $26.20M | 6.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 344353 | $3.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.83 | 397271 | 77 |
View Market Depth
| Last trade - 11.10am 11/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |