IMHO, the present sp is connected to the great publicicty TTS enjoys at the races etc. if you look back the sp around this time of the year reached this level over the last two years. yes, the return on TTS in comparison with bank interests is fabulous. management seems to re-finance TTS debts overseas (US or....), a good sp rise is needed. also i presume there is another acquisition in the bag to increase profits, i would not speculate on internal matters, re VIC licence. stoxline forecasts a sp tgt of $ 2.89 / $3.44, pls DYOR...thx.. all in all, TTS is a very solid company with much more expansion and profits to be seen in the future.
TTS Price at posting:
$2.51 Sentiment: LT Buy Disclosure: Held