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5.50% $1.06 transfield services limited

The last cap raising in Sept 2010 gave the stock away at $3.13...

  1. kelpie62
    134 Posts.
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    02/01/11
    21:50
    Post #: 7679234
    The last cap raising in Sept 2010 gave the stock away at $3.13 and it didn't come down anywhere near that amount after the SPP closed - in fact over Sept/Oct it was in the $3.50 range. Everything else being equal, this looks like another very good buying opportunity for TSE, and if history is any judge it will immediately be in the money.
    TSE Price at posting: $3.36 Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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