TGH terragen holdings limited

Arbitrage Oppourtunity?

  1. 291 Posts.
    lightbulb Created with Sketch. 9
    Hi everyone

    Just wondering if you are to buy TGH shares on market now at $1.10, isn't it possible to make basically an arbitrage (risk free) trade by buying now, collecting the 4.1c dividend which goes ex div on 29/6/18 and to sell back to Bounty after dividend payment (I believe their takeover price is 1.23 NZ which works out to be $1.14 at today's exchange rate. Therefore is it possible to make a 8c or roughly a 7% risk free trade. Any thoughts?
 
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(20min delay)
Last
2.0¢
Change
0.003(17.7%)
Mkt cap ! $10.10M
Open High Low Value Volume
1.8¢ 2.0¢ 1.7¢ $33.57K 1.846M

Buyers (Bids)

No. Vol. Price($)
2 118562 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 15667 2
View Market Depth
Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
TGH (ASX) Chart
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