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Share Sale FAQ

 

TFSL SHARE SALE FAQ

The following Frequently Asked Questions (FAQ) relate to the TFSL share sale process. For further questions and information, please contact members@tfsl.com.au.

HOW DO I buy a TFSL Share?

If you’re interested in buying a TFSL share and becoming a Member, please register your details here. This will be reviewed by the TFSL Board and placed on the pre-approved buyer list and you’ll be notified when shares become available for sale.

WHO SETS THE SHARE PRICE and how much DO THEY COST?

The TFSL share price is solely set by the seller and agreed to by an individual buyer. You are buying a share of Thredbo Farm Ski Lodge Ltd, which in turn owns all the lodge property and assets. Price is driven by supply and demand, with recent sales to early 2026 averaging $45K. The share price has no direct relationship to the value of the TFSL property and assets, in a similar way to any publicly listed share.

Once you are a Shareholder, you can sign the Membership Agreement and start enjoying the Membership Benefits.

HOW DO I SELL MY TFSL SHARE?

The seller notifies members@tfsl.com.au of their intention to sell and desired sale price and this is promoted privately to pre-approved buyers to negotiate an offer directly with the seller. The transaction is then managed by TFSL. A Shareholder can also privately advertise, source a purchaser and sell directly if they wish, noting that Board approval for the purchaser is always required. More specific details are provided in the Company Constitution.

ARE THERE ONGOING FEES?

Yes, as a Member you are required to pay an annual fee ($1500 in 2026 - indexed to CPI) that ensures Lodge operational and maintenance costs can be budgeted for. You receive $600 of this fee back as accommodation credits if you’ve paid on time. Capital works that require large investment are generally funded by loans to the Thredbo Farm Ski Lodge Ltd, repaid by retained profits of the Lodge’s operations. Special Member levies may be issued for projects or emergencies, but are not a preferred method of funding by the TFSL Board. Audited annual financial reports are published in the Members’ Secure Information area of the website.

DO SHAREHOLDERS RECEIVE DIVIDENDS?

No. All retained profits of Thredbo Farm Ski Lodge Ltd are used for ongoing maintenance and improvements to the property and assets.

DO SHAREHOLDERS VOTE ON LODGE ISSUES?

Yes. All Shareholders can vote on resolutions at the Annual General Meeting and the appointment of new Board Directors. The TFSL Board then meets regularly to oversee the operations and planning for the Lodge itself and always considers Member feedback on specific issues. Any Shareholder can be nominated to be on the Board.