TAP 0.00% 7.8¢ tap oil limited

I'm a bit off to the side in this discussion, but I held TAP...

  1. 112 Posts.
    I'm a bit off to the side in this discussion, but I held TAP shares for almost five years. I just checked back, and I eventually sold them at a 40% loss for 94.5c in 2009.

    I think I learnt one thing out of owning shares in that company. I've never since bought shares in anything that doesn't pay dividends. I don't especially care if they're big dividends, but companies that use shareholders' money and don't subject themselves to the discipline of returning anything are, frankly, for the birds.
 
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Currently unlisted public company.

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