snosrap,just my opinion but at these levels,even if it drops below 3 its still not a stock i would panic sell.
Again just my opinion tls is not a capital short story,its a efficiency,agility and growth story and imo it appears penn is making the correct decisions in dealing with the efficiency,agility issues and growth opportunities.
But thats why i suggest this must be confirmed by the board showing the confidence in the information they receive by not cutting the div any further and making tls look like a capital short story if they cut further..
ps this is not to say you can't trade a portion of yr holdings.ie sell then buy back .ie yesterday up approx 9 cents but many more sellers than buyers ?.
missed somthing here, page-10
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Last
$3.90 |
Change
0.020(0.52%) |
Mkt cap ! $45.06B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.91 | $3.86 | $62.27M | 15.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 340420 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.91 | 611784 | 39 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |