No Catalyst I see for the next month or two, I would call this a pretty good entry point but would not be surprised to see a drop to the $4.70's again, possibly slightly lower, next dividend will be much bigger so I would expect the expectation of that to cause a rise right around the generally bullish Christmas period.
All IMO and I'm someone who often ends up with smelly fingers trying to pick bottoms
Ps: a flat result for FY2019 would have this trading at 8 times earnings and over 7% yield FF, good value and zero debt to boot.
TRS Price at posting:
$4.85 Sentiment: Buy Disclosure: Held
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