As expected,
TGA
came with great results. >100% revenue and profit increases, and a fat dividend of R40/share. Great.
The share price is testing the previously anticipated low of near R177/share; the share price has been moving downwards since the last dividend declaration. Hopefully buyers will step in at current levels, especially dividend hunters. It won't be nice to see
TGA
shed R40 on ex dividend date at this level.
Will buyers step up?
TGA
came with great results. >100% revenue and profit increases, and a fat dividend of R40/share. Great. The share price is testing the previously anticipated low of near R177/share; the share price has been moving downwards since the last dividend declaration. Hopefully buyers will step in at current levels, especially dividend hunters. It won't be nice to see
TGA
shed R40 on ex dividend date at this level. Will buyers step up?
