Today for the first time ever I have been seriously considering selling my investment in TSi (TSN). I have looked at the innitial statement sent out today and whilst some might see things in it they like, my position is that if I am shareholder in this when the vote happens I will be voting a massive "NO"
It is only my opinion and no one should take this as advice because it isnt of the sort, but my view is that TSI should continue to go it alone. The company is just shy of 1000 ATMs. It has a decent funding facility in place. So I am going to vote NO to this deal. The market doesnt like it either.
I hope everyone who got in to this at higher levels does the same, especially those who brought in at the cap raising but in the end its your decision, your investment and ultimately only you can decide what you will do.
I am just disappointed and this decision is just a personal decision. So good luck to all holders and I hope whatever happens its the best outcome for all. Todays been a shocking day for me. Hopefully better days to come.
Cheers
Db.
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