Several years ago we had a GFC and the price of a company called GMG fell into free fall. I bought them at 70c and then the company annouced it would not pay a dividend. This campany had good solid income. but because they deciced to pay off debt, the share price fell to about 12c. I bought share in ever larger lots and averaged out at 16c. A week after they bottomed they were woth 31c, 6 months later I bailed out at 60c. I made so much money that I had a TAX problem. Moral is buy a good company when it goes down. TIS is a good company so I say buy up big as the price goes south.
TIS Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held