Your on to it Mr tommy.Was thinking the same thing myself.Not so good over at Pike where first coal coinsides with finanical crash.I had 1/3 million of them but sold out to fund NZOOD conversion at 2-07. Lost a bit with the conversion but less than with pike. But we sure were lucky with the cash flow from TUI as you say.
What has happened with oil now under 60 is for me unbelievable given a 9% world wide depletion rate being posted today or tomorrow. Guess the world can only think of getting through the hour and not think of the future.
Another area where we have fallen on good times is with the directors stting on there hands with acquisitions.What was a bargin last month will be a super bargin next month and a steal some months down the track.
Digger