For TGS target prices are a waste of time, unless the brokers do it knowing C.R's, dilutions, early off take cash grabs are imminent. In the last 18 months every time these events have occurred the S.P has tanked and any momentum above 40c lost. The nameplate performances /announcements don't seem to reconcile with these cash grabs and investors vote with their feet. I sold at 40c and got back in around 30.5 cents and not that happy at the moment that I did re enter the jungle. We need C.R's to cease for quite a while, and the performance create stability and traction for the S.P to get some upward momentum,if possible.
TGS Price at posting:
24.7¢ Sentiment: None Disclosure: Held