Bad news coming or unloved?

TNE keeps sliding. The inexorable decline tends to suggest that there may be earnings warnings ahead or other company problems exist.....

or is it that this stock is totally unloved and is dirt cheap?

Div yield now over 6% and P/E 11.
Increasing sales and profits for the last ten years.
Buyback in place (but no ASX reports of purchases?)

The bottom cant be far away...... but Ive been started thinking that at a much higher price than now.

I would love to buy but will wait until the chart breaks its magnificent downtrend.

Other comments appreciated.

acturtle