So it was you who bought that 80000 and not Beagle after all.
I have never seen any TRA trade in Australia.
It would appear as those placements shares, that were taken up by Australians came straight back onto the NZ market.
Those plus the Hugh Green Family Trust sell out, caused in my opinion the weakness in TRA's share price.
It would appear there are still some TRA shares in weak hands.Maybe when Craigs and FNZC capital issue research on this result we may see more buying support.In the end the fundamentals together with TRA's ability to pay increasing dividends will see TRA rerated.The low share price does leave TRA open to be taken over.
Well said Percy, there may be short term weakness in SP. That does not worry me, in fact I will use it to top up. The dividend going up to 5 was hoped for and what ppl need to realise (some may not) is that its a quarterly dividend. Note that the register is very open with Hugh Green Trust selling out.
Welcome back to the fold Beagle, we missed you :)
This could be re-rated quickly once investors see the potential for increasing EPS and increasing dividends (fully imputed).
thanks for that percy was wondering why there was no depth
Yeap, I got some today mate. http://www.scoop.co.nz/stories/BU180...-fy-profit.htm