TBR 3.55% $3.80 tribune resources limited

If you can afford it, there are worse places to put your...

  1. 87 Posts.
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    If you can afford it, there are worse places to put your hard-earned. But as usual it depends on your circumstances. The annual dividend is well covered and will continue to be despite the bastardry of NST and the beguiling Bill Beamont. There still seems to a fair amount of paste-fill used in the EKJV mines so geotechnical risks appear to be mitigated.
    At the present price it returns about 3.7% before imputation credits.
    I continue to accumulate because of the good returns, the quality of the mines and I like the TBR board strategy. No fuss, no self-aggrandisement, no puffery - just focussed on shareholder wealth.
 
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