"Mergers and consolidation need to continue"I saw that line in...

"Mergers and consolidation need to continue"

I saw that line in Benson's presentation too, but it sent up a red flag for me. It is self-evident that the market doesn't think the AZH deal was such a wonderful coup for TRY, with the share price sitting at 26% of its 52-week high. Concerns about funding (ie. debt and/or capital raising/share dilution) for development are probably an issue in this. BTW, I share a previous poster's view about the idea of effectively paying dividends from borrowings - not sensible at all IMO.

Re your comment about TRY having grown from humble beginnings, I'm not sure what timeframe you are talking about but I have held stock in it for about 5 years. I just looked up the SP for 7 Aug 2008 - $1.57.

J