Near term catalyst will be half yearly result and full year cash profit reaffirmed for a move into the 1.90-2.00 range. If pharma results are positive then further price appreciation will occur
For the next few years I see I stable price of early 2 mark until about 2021 2022 when the market realises the huge harvests coming through. If Tfc can forward sell oil from 2023 to 2027 at a high rate then watch this fly towards ten bucks
That's my take. Although I don't see a multi bagger for years to come I do see a floor around 150
TFC Price at posting:
$1.54 Sentiment: Buy Disclosure: Held
