TSE 5.50% $1.06 transfield services limited

whats with this share price drop?

  1. 1,360 Posts.
    I don't hold any TSE at present but have held in the past and as it always treated me well, I always keep an eye on it.

    I am perplexed at the current share price drop. It has gone from 4.20 to 3.20 in the past 6 weeks and the announcements I read are only about winning more contracts.

    TSE have always had an average public liaison capability (imo) and I am left wondering what is going on with this company at the moment.

    I dare say I will be buying again soon as I think they are a great service provider but can anyone point out why the current drop?

    Is it just end of financial year cleansing of the books?
 
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