- Joined
- 6 September 2008
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The period from now until August is normally the 'seasonal' upswing in TLS as people start salivating over the next 14c dividend (next ex-divdidend date 19Aug13). It will be interesting to see how the opposing forces of this upswing, the asbestos negative sentiment and the exit of foreign money play out. I think the price will bounce around close to its current level for a while and possibly go as low as 4.50. After that it should move back into the range 5.00 to 5.10 just prior to 19Aug. IMO.
I'm already keen to get back in but just have a feeling there may be more bad news on the way.