Reggie ..like most things in life Value doesn't always reflect the correct Price ...
Enough to say TLS started off at $9 and has gone through a long and painful decline .
In the mean time it has long lost its monopoly position and moved into an era of intense competition and the price continues to show little sign of recovery in its downward path..
Yes you may have to wait another few years to get to $2.60 and you may be correct it could go on to a staggering revival...but probability certainly doesn't point the way of a staggering revival.
I think one would be much better rewarded looking for companies that have Good Economics,Growing solidly in Value and Price and hopefully having Little to No Debt while throwing off Masses of Cash and Solid and Growing dividends.
Reggie ..like most things in life Value doesn't always...
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Last
$3.61 |
Change
0.010(0.28%) |
Mkt cap ! $41.71B | |||
| Open | High | Low | Value | Volume |
| $3.60 | $3.63 | $3.60 | $129.9M | 36.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44525 | $3.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.62 | 701203 | 30 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| TLS (ASX) Chart |