Hard to know which way it will go in the short term. If you are confident of the projected 39 CPS earnings for FY 16 and that there are good prospects of growth to come (along with the fact that the next two harvests are already 100% pre-sold)... it's hard to see why the share price should be anywhere near 1.70... or even 2.70, for that matter. Shame about the state of the markets in general, I reckon that has a lot to do with it... which makes TFC a great long-term buy if you're happy to buy a parcel now and then put it away for a while.
- Forums
- ASX - By Stock
- TFC
- Market Announcements
Market Announcements, page-25
-
- There are more pages in this discussion • 68 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries