Hmm the WA sandalwood contract has a strong alternative bidder - may explain the caution in the market as seems to bring in quite a chunk of money. Otherwise IMO all green - re dividends - since the heavyweights in ASX are cutting or trimming their dividends why would TFS head in a contrary direction?
Seems to be a move to retain profits to fund further growth by quite a few coys IMO and TFS should be doing this to expand their market share IMO
TFC Price at posting:
$1.70 Sentiment: Buy Disclosure: Held
