that's a fantastic analogy-$5 to $6 SP if things go to plan and Penn is sent packing.
so what is the future SP if Penn keeps management under his control which is blimmin' obvious?
in other words- Penn wants a war chest for future acquisitions. it was overly hinted by his chairman very clearly.
so all it means is that the market is certain that divvy cuts are well and truly on the way, but by how much?
if the Citi recos are used as a barometer, then the SP of TLS could fall to $3. 80 at results.
ps- you have a better chance of making money at ' two up'. at least there is no loaded dice involved.
cheers crazypunter
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Last
$3.92 |
Change
-0.030(0.76%) |
Mkt cap ! $45.29B | |||
| Open | High | Low | Value | Volume |
| $3.95 | $3.95 | $3.90 | $69.01M | 17.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2108 | $3.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.92 | 282151 | 15 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| TLS (ASX) Chart |