It is a pretty safe penny trade when you think about it. Downside protection with the promise of a cash return and the arbitrage trade between say 28c and 30c. I suspect it may only be that, that accounts for the turnover.
Ann: Proposed Distribution to Shareholders, page-73
Add TLM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $42.37M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.5¢ | $3.97K | 17.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4500 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 57413 | 2 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| TLM (ASX) Chart |