Model portfolios: Templeton Global Growth and Troy Resources share offers

Key Points Templeton Global Growth Fund (TGG) has a 1-for-5 entitlement offer at a large discount Troy Resources (TRY) is offering shareholders the chance to buy up to $15,000 new shares Take up Templeton’s offer and keep an eye on Troy’s        The share placement fiesta continues, with new offers from Templeton Global Growth Fund (ASX Code: TGG) and Troy Resources (ASX Code: TRY). With our LIC issues more shares in the name of pursuing ‘value opportunities’ you have to ask who’s benefiting? By our calculations, the original shareholders gave up $4.5m in value on the placement (21c per share...

The share placement fiesta continues, with new offers from Templeton Global Growth Fund (ASX Code: TGG) and Troy Resources (ASX Code: TRY). With our LIC issues more shares in the name of pursuing ‘value opportunities’ you have to ask who’s benefiting?

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