TSM thinksmart limited

14.6 million cash 12/2015

  1. 2,704 Posts.
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    Now that the cat is out of the bag it's all starting to make a bit of sense.

    The IPO costs came out of the profits because IMO the 14.6 million will be returned to shareholders.

    With about 97 Million shares that could be roughly 15c per share.

    Bring on the IPO, TSM is heavily invested in Dixons but they seem to be performing very well.

    A bit of bad timing with all the Brexit angst but oh well.

    It seems the Co won't be delisting either which is another positive.

    I wonder if some of the IPO proceeds might be used to replicate the services provided to Specialized and Jura in the UK but to the businesses in Australia.
 
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Currently unlisted public company.

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