Well whisker boy..normally I would say look "behind' you if you are looking for the bottom...however in TTK's case I would hazard a guess that it may well be somewhere in front of you....since 69 is your lucky number maybe that's the bottom?:eek2:
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To the humble the path to redemption will be revealed....either the bible or Indianna Jones in the Temple of Doom ...cant remember. I am anticipating that any, and I mean ANY good news will send this upward rapidly so am in a Zen like frame of mind whenever this share is mentioned.
I had a biiiig crush on TTK, I was so certain they'd be the next big thing before this dividend cut. They'd been posting losses but increasing revenues, I was waiting for them to get out of the farmside rut and keep posting that awesome dividend. Luckily I stayed out. It left me feeling a bit burnt that I'd put so much faith in them. Maybe its what a lot of investors are feeling at the moment. The outlook for a steady dividend is shaky especially with high debt. On the subjective analytical side I reckon anything under 78c is worth it if you think the dividend wil stay circa 8c (even a tad under) for the next few years. Those are with my criteria, the markets may be different. Good luck to you holders, I'm hoping to the market picks back up on this fella