Guys,
Never traded TLS and have never really thought about trading but if this decline continues consider the following;
TLSIZG now trading at approx 1.38.
If TLS gets to say 4.20 could pick up IZG for say 1.25.
TLS with 100% franking pays divvy of say 20c.
Yield on IZG then approx 17%
Exercise date of IZG is May 2004
Strike is 3.50 premium as above say 1.25 = 4.75 in MAY 2004.
Interesting concept TLS a yield play.
Not saying go and load up with IZG's as TLS is very much in a down trend would be a no-no at the moment BUT for you TA's out there if a confident bottom forms around 4 bucks would have to be worth consideration.
Comments?
Rob.
- Forums
- ASX - By Stock
- TLS
- tls - a yield play ?????
tls - a yield play ?????
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TLS (ASX) to my watchlist
|
|||||
Last
$4.03 |
Change
0.030(0.75%) |
Mkt cap ! $46.56B |
Open | High | Low | Value | Volume |
$4.00 | $4.03 | $3.99 | $61.62M | 15.34M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 76414 | $4.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.03 | 540812 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 56414 | 4.020 |
7 | 387794 | 4.010 |
26 | 586115 | 4.000 |
15 | 208477 | 3.990 |
27 | 250141 | 3.980 |
Price($) | Vol. | No. |
---|---|---|
4.030 | 523812 | 23 |
4.040 | 752941 | 23 |
4.050 | 818200 | 40 |
4.060 | 203434 | 13 |
4.070 | 150230 | 17 |
Last trade - 16.10pm 15/08/2022 (20 minute delay) ? |
|
|||||
Last
$4.02 |
  |
Change
0.030 ( 0.83 %) |
|||
Open | High | Low | Volume | ||
$3.99 | $4.03 | $3.98 | 4496336 | ||
Last updated 15.59pm 15/08/2022 (live) ? |
TLS (ASX) Chart |