Summary of TSI India/TSN for newbies., page-7

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06/03/16

17:25

Post #: 17201184
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Originally posted by TenX ↑

Happy Sunday TSN'ers.

Firstly what an outstanding summary TonyIndo, well done mate.

I must say having spent a life time working around the equity markets I was not surprised to see the rise and then fall of the SP on Friday. For disclosure purposes, I will mention that I bought a nice sized parcel again in the afternoon yesterday....holding a fair few of these now.

To put the selling into perspective, yesterday a total of only 54m shares were traded. Total value was $1.8m.

Consider that is a total of only 4.5% of the entire register sold shares, and most selling that would have been at a profit so understandably they wanted to lock in some capital gains.

When you think about that small number, only 54m shares transferred ownership, that is but a fraction of what just a few of us combined hold here, (excluding Marty to average out the number) so really not that much actual stock was sold yesterday. In essence, no one wanting to gain a large position has been able to do so.

From correspondence with Gary I know that he is not concerned with the day to day movement of the SP, as he is clearly focused on getting the business to where it needs to be....and the SP will then look after itself. Gary has proven to me and my crew that he has the capacity to get this business to a much larger size, and as already mentioned here, a $1 Billion MC is very much a possibility. That would see a 60 cent plus share price.

There are going to be a lot of HC millionaires running around here if that happens.

Have a great week people.

10x

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Hi 10 X

When you talk about 1 billion $ Mcap, are you talking about TSI or TSN. If TSI then TSN market cap 250 MIO which is still 6 x.

Thanks

TSN Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
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Summary of TSI India/TSN for newbies., page-7

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