"The two clear take aways I got were that we WILL have a update in time to help us make informed decisions at the AGM (regarding at least one acquisition) and that the buy out of the rest of the TSI 75% is not a priority - for reasons of questionable profitability and debt issues"
EXACTLY what I have been saying that aquisition of TSI India was never serious and now its not a priority due to other reasons . Thanks to Hot Copper for this clarity!
The Business is profitable enough for Banks to have lent more than 15Mn AUD facility to grow the business even post Demonetisation!
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Call from the CEO, page-4
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