JFoster,
OK, I'd be happy to have a discussion about those downside risks. How many cents below cash value are they worth? How do you arrive at that calculation? Do you consider that TRY is undervalued, when trading almost 5c below it's cash value?
No offence, but these are all valid questions. Has something changed since last week? If not, IMO TRY still represents about the closest thing to an out-and-out bargain on the ASX.
We might have to agree to disagree, but I see nothing wrong with pointing out that it's still a bargain buy.
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