In fact, AGI was at a 4c low ..
http://au.finance.yahoo.com/q/hp?s=AGI.AX&a=11&b=14&c=2007&d=00&e=9&f=2010&g=d&z=66&y=264
I'm not predicting anywhere near the return in TSN that AGI has experienced from this low - 106x (AGI has had exceptional profit growth year on year since 2010) but you shouldn't tell yourself that 'penny' stocks cannot win large contracts. Only 6 months ago did a penny stock pick up not one, but 3 major contracts with 2 banks and accounting software group MYOB. That stock was MNW. Charting means nothing when a company snares a major contract with a reputable corporate client. Not one investor would have seen MNW move from 2c to 44c off the back of ...charting.
In addition, TSN is the only ASX listed company (I can see) that has significant leverage off major banking and energy corporate clients in India in respect of ATM's, POS, MPOS and Emerging Payments. Has first mover advantage all over it.
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