Buying TAP shares is like betting on the Dockers to win the grand final. An act of brave stupidity. Wishful thinking over common sense. It requires completly ignoring the facts and history.
TAP shareholders are like Dockers supporters. They may never see a win but they hang on in grim defiance of reality.
TAP has never paid a dividend. It has a consistently falling share price over the years. Its board have been there for many years. No changes to a losing team.
Only the board and management have done well out of TAP.
Its a dog.
bacci
TAP Price at posting:
66.0¢ Sentiment: Sell Disclosure: Not Held