No interest-bearing debt Previous year loss $243000 Update June '13 = estimated profit of $800 to $900,000. Update Sept '13, = estimated profit upgraded to $1.5 to $1.7m
Tiny div declared with resolution to pay 25% of profit in divs.
Directors buying up...on a number of occasions in recent weeks.
This company came up as one of only two today making new bid highs (bid above yearly high) on a day when the market is down 50 points.
If I'm missing anything, someone please tell me, I have not done much in depth research on this one.
TCN Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
