"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!
TSN Price at posting:
0.9¢ Sentiment: None Disclosure: Held
