I would like peoples thoughts of where Thinksmart sits in the market at the moment. To me it looks like a good buy. Current price of around 41cents with a dividend of .074cents to be paid around May. Am I being too naive in thinking this is making over 20% on your investment assuming that the franking will be 100%? Even if the share price was 70 cents you would still make 10%. Please bear in mind am definately no financial expert, I am just looking at the figures as I see them.
Thoughts anyone.
TSM Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
