I think the major reason for the over sell off today is related to the bad GDP numbers. The company will pay 14c fully franked this week. QBE was sold off hard and they came for it pre the divi. I am wondering if the stock is about to bounce either today or tomorrow to strip the divi. There are 61m shares short in TLS and why would you not cover??? You have to pay the divi + franking credits and the stock is on a low. I would cover the stock and keep it for the divi. Time will tell. dyor.
14c divi on friday and bounce
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Last
$3.80 |
Change
-0.020(0.52%) |
Mkt cap ! $44.02B | |||
| Open | High | Low | Value | Volume |
| $3.83 | $3.85 | $3.80 | $43.87M | 11.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 86 | 634370 | $3.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.81 | 557228 | 58 |
View Market Depth
| Last trade - 14.28pm 12/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |