Hard to know which way it will go in the short term. If you are confident of the projected 39 CPS earnings for FY 16 and that there are good prospects of growth to come (along with the fact that the next two harvests are already 100% pre-sold)... it's hard to see why the share price should be anywhere near 1.70... or even 2.70, for that matter. Shame about the state of the markets in general, I reckon that has a lot to do with it... which makes TFC a great long-term buy if you're happy to buy a parcel now and then put it away for a while.
TFC Price at posting:
$1.69 Sentiment: Buy Disclosure: Held