The stability of sales growth and earnings growth is remarkable. Have a look at any 10 year graph.
It ticks all of the boxes for financial performance and reinvestment in R & D to continually improve its product and business model.
Today's intra day high was its new one year high.
It is my biggest holding and it is an incredibly stable business despite SP gyrations.
I increased my holdings by 40% between May and early October of this year. Easiest 11 grand gain ever.
I am just sitting back on this one and when the UK business moves into profit in 2020 watch the SP take off.
This could be a smoky for a big takeover offer from one of the international big boys. Let's see what happens in FY'19
Ann: TNE UBS Conference Presentation, page-3
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Last
$31.28 |
Change
0.390(1.26%) |
Mkt cap ! $7.662B | |||
| Open | High | Low | Value | Volume |
| $30.99 | $31.38 | $30.86 | $6.079M | 195.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 217 | $31.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.29 | 212 | 9 |
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| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| TNE (ASX) Chart |
