Seeing as the price is now around $4.80 and the dividend is 15.5c FF I would suggest that TLS will go down at least to $4.65 ex divvy and I suspect it will touch the $4.50-$4.60 range.
The important thing is what happens next, can the SP rebuild steadily towards $5+ or will we see further decline into the low $4's?
The yield will not necessarily arrest the slide or prop up the share price (yet), as we saw with shares like NAB the SP can slide right down even to a yield of 10% before it gets picked up again.
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