Took a small parcel yesterday, prior to the report. Would have taken more but have spent up on bargains this week.
I remember visiting Mt Romance many years ago, and their Emu Oil struck me as a hard sell in this age! However, apart from the tax scheme issues, I like the future of Sandalwood and its products for TFS over the next few years.
I'm not sold on their being vertically integrated, as I would like them to own as much of the resource as possible and keep a division between the resource + basic processing and value add product dev + manufacturing + marketing.
Hoping for this to become a long term position to add to.
Last edited by MOSSuMS:
posted before finishing it!27/08/15
TFC Price at posting:
$1.50 Sentiment: Hold Disclosure: Held