I am also of a contrary view and thought you may like to consider how well TFS stacks up against some of the ASX200's over the same period.
RIO $60 Jan 07 / $80 today TLS $4.25 Jan 07 / $3 today WPL $37 Jan 07 / $39 today LEI $30 Jan 07 / $21 today AMP $10 Jan 07 / $4.5 today ANZ $28 Jan 07 / $21 today
Or against the other MIS/forestry companies TIM $2.50 Jan 07 / $0 today (same sector) GTP $2.00 Jan 07 / $0 today (same sector) FEA 50c Jan 07 / $0 today (same sector) WFL 1.30 Jan 07 / $0 today (same sector) GNS $2.50 Jan 07 / .26 today (same sector)
If you factor in a purchase price of .57c and today's price of .82c then TFS stacks up pretty well.
B also made the comment that he could have achieved a better return from Bank interest so I would really appreciate if he could pass on the details of his bank as I would happily shift my accounts to a bank that returned a 43% return on investment plus a 14c dividend over the same period.
I would however concede that the returns for TFS are likely to be lower as it will enable them to create greater returns via acquisition into the future.
TFC Price at posting:
81.5¢ Sentiment: Hold Disclosure: Held