another frustrating day for tls shares

Another frustrating day for TLS short-term shareholders, isn't it? I am a long-term investor in TLS, and am very happy with the present opportunity to add more TLS shares to my portforlio at these very low prices. It is not just its high dividend of over 9% (100% franked), which you obviously just can not ignore. How many stocks you can name which would give you a return on equity of 33% a year? And what about 73c a year in cash earnings per share, compared to 28c dividend (surely this means that some capital management initiatives are just around the corner)? I also continue to believe that there is no alternative to a reasonable outcome from the current negotiations with the Government. If this is achieved, the TLS share price would not be below $4. And you don't have to wait too long. The Government wouldn't want to deal with this in the Election Year.