srm777
I agree that doubling every 5 years is most definitely not guaranteed.
However if I look at the 15 year history of TNE (highlights below from FY15 Annual Report) I see the steady progress that is a relative standout for ASX listed companies - look at how smoothly the numbers have grown and the ROE of 30% (greater when adjusted).
This has been organic growth, not purchased growth and no capital raisings.
TNE is culturally different.
I am holding for as long as the culture, the entrepreneurship and the honest governance remain.
GLTH
PS but we all have financial demands upon us, so if someone were to offer me $10 per share tomorrow, they could have up to a half of my holding
TNE becoming a Target Company???, page-6
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Last
$20.58 |
Change
1.010(5.16%) |
Mkt cap ! $6.710B | |||
| Open | High | Low | Value | Volume |
| $20.10 | $20.78 | $20.10 | $33.02M | 1.605M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 894 | $20.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.72 | 57 | 1 |
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| TNE (ASX) Chart |