2017 What a disaster, page-18

Hi Tomaree,

You wrote;

Please tell me if the next acquisition is close by, how the hell do we pay for it ?

If you refer to TSN's webpage below, the company highlights...

"Moving forward, TSN aims to grow its business portfolio through either through corporate venturing, equity participation and partnering."

http://tsnltd.com.au/our-business/

You also wrote;

Biggest blunder ever will be not buying back the 75% when our share price was OVER 3 cents.
Their excuse, we are looking after shareholders capital and best interests.
WTF. WELL THAT HAS REALLY WORKED .

1. If you look at the charts and period, a share price of $0.03c plus didn't last long i.e., it wasn't sustained.

2. That share price peak was right at the time of demonitisation. Again you only have to look at the charts.

3. I'm not sure how management were to acquire the business without thorough due diligence on TSI India first? Due diligence on TSI India only began a few months prior to demonitisation and we all know how long due diligence can take.

4. Any acquisition must be value accretive for any company commiting that potential kind of money.

Tony