I am also of a contrary view and thought you may like to consider how well TFS stacks up against some of the ASX200's over the same period.
RIO $60 Jan 07 / $80 today
TLS $4.25 Jan 07 / $3 today
WPL $37 Jan 07 / $39 today
LEI $30 Jan 07 / $21 today
AMP $10 Jan 07 / $4.5 today
ANZ $28 Jan 07 / $21 today
Or against the other MIS/forestry companies
TIM $2.50 Jan 07 / $0 today (same sector)
GTP $2.00 Jan 07 / $0 today (same sector)
FEA 50c Jan 07 / $0 today (same sector)
WFL 1.30 Jan 07 / $0 today (same sector)
GNS $2.50 Jan 07 / .26 today (same sector)
If you factor in a purchase price of .57c and today's price of .82c then TFS stacks up pretty well.
B also made the comment that he could have achieved a better return from Bank interest so I would really appreciate if he could pass on the details of his bank as I would happily shift my accounts to a bank that returned a 43% return on investment plus a 14c dividend over the same period.
I would however concede that the returns for TFS are likely to be lower as it will enable them to create greater returns via acquisition into the future.
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