TFC
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7.42% $1.31 tfs corporation limited

Just about need a doctorate to understand some of the rubbish...

  1. devsadv
    478 Posts.
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    02/09/16
    10:46
    Post #: 18881802
    Just about need a doctorate to understand some of the rubbish statutory market announcements!

    I'm not fussed with Regal lending their stock to be shorted. On a business with such strong underlying fundamentals, eventually the shorters will need to buy back, giving any upward price momentum an added boost.

    And with today's announcement of a $50m contract to supply the world's largest essential oils business at a price higher than the value TFC recorded it's inventory at plus 2.5% annual CPI adjustments, any shorters are taking a monster gamble on this one!
    TFC Price at posting: $1.60 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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