How McLeod continues to fly under the radar beats me, but he does.
And still there is no ATO advice on the Capital Return structure (as at 26/3/21) prior to Monday's meeting.
HD claims they expect to have $750-800k cash remaining for going concern purposes.
With a new Chair and JL having resigned - who is the intended VOR rep on the TSI board?
It sort of feels like a fire sale of TSI coming up despite the significant increases in Underlying EBITDA in the Sept & Dec quarters. As they state the "continued potential upside upon realisation of your company's 25% share in TSI India". They seem determined to sell the stake and now with a new Chair they have a longer window to potentially do so.
I wonder if TH has any tricks up his sleeve?
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