Maybe they have a massive acquisition about to happen or an unmentioned liability coming our way. It is bizarre nonetheless.
Unfortunately with behaviour like this, TTC will never be taken seriously on the ASX and brokers/fund managers will never touch it, therefore shareholders are unlikely to get significant capital growth. Really I think most of us are in it for the dividends - so I hope it gets maintained at 8%+
TTC Price at posting:
47.5¢ Sentiment: Hold Disclosure: Held