I still have some original TLS, bought at $2 in Nov 06 and a...

I still have some original TLS, bought at $2 in Nov 06 and a second tranche payment of $1.60 in June 08 (plus loyalty shares!)

So, we're nearly back at the $3.40-odd they cost me. BUT, collected a 20% (on purchase cost) divvy for first 2 years, flattening out to 12%. The actual DY went from 11.3% down to 7.1% now back above 12% (on value, ff inclusive).

Its been a while, but my initial investment has been completely paid back by divvies and I still have the shares. That's a 15% IRR over nearly 11 years. Not spec, but a good foundation stock.

And some in here say TLS is not a bottom of the drawer stock!

I've traded TLS often in that time, but my IPO shares are still there - at the bottom of the bottom drawer.

Money for jam!