TAP 0.00% 7.8¢ tap oil limited

asymmetry of risk, page-33

  1. 112 Posts.
    I'm a bit off to the side in this discussion, but I held TAP shares for almost five years. I just checked back, and I eventually sold them at a 40% loss for 94.5c in 2009.

    I think I learnt one thing out of owning shares in that company. I've never since bought shares in anything that doesn't pay dividends. I don't especially care if they're big dividends, but companies that use shareholders' money and don't subject themselves to the discipline of returning anything are, frankly, for the birds.
 
watchlist Created with Sketch. Add TAP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.