TBR 0.00% $3.40 tribune resources limited

Ann: Annual Report to shareholders, page-8

  1. 160 Posts.
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    You're getting a piece of it every year in the form of dividends. I feel like this company is designed to be a long term investment - the opaqueness keeps out speculators. It's like a gold ETF without the risk involved in having to time a good entry point. Sure, they could announce to the market tomorrow how much bullion they have and then the price would shoot up to that value... but then what? Isn't it better for the company to continue to be ridiculously undervalued so you can continue adding to your holdings knowing that what you are buying has a fundamental value of at least 50% more than what you're paying?

 
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