TGP 0.00% 63.0¢ 360 capital group

II has made no change to recommendation, Buy .80c, hold until...

  1. 271 Posts.
    lightbulb Created with Sketch. 23
    II has made no change to recommendation, Buy .80c, hold until $1.20. While seen as undervalued, it is illiquid on ASX so gets a discount. But for that it would probably be a buy was my impression. Overall II happier post this deal. Notes that a lot of cash being received is consumed in other acquisitions as part of deal. I am holding also but could be tempted to top up if price drifts down towards .80c again. I do like the dividend.
 
watchlist Created with Sketch. Add TGP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.