management is saying good things, but after the downgrade that followed a capital raising (made at low share price because of awesome opportunities) I am starting to question management.
Still, even is profit is $4 mil, the shares are trading at pe of 10 approx.
Obviously this is expensive given current circumstances, BUT, if management are right, then maybe it is not so bad (well it is for me as my average price is around 50c)
I think I will wait and see for the medium term. I bought with a 5 year hold plan, so I will stick to that unless something drastic happens
TSM Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held
