Tree Island Share PriceTSL made $0.22 in Q1 & paid out $0.03 in divvy.
With hugh increase in retail selling price of construction materials, TSL should be ripe for even larger profits. They may not reach a share price of $10 as in 2007 as they no longer have the same production capacity but if they make +/- $1.00 per year and pay out $0.10 per quarter, the stock should get to the $8.00 range.
For a buyout, value has got to be many times previous offer. Sharehollders equity was $51M at year end for 28.5 M shares, about $1.80.
My guess is the divvy will increase greatly as majority shareholders will be looking for cash.
By the way, lets keep this board about shares and quit the useless posts.