My take is that an external investor wants to get in on TSI India.
If this is the case it could be a game changer with the potential
to reduce the current debt and/or fund expansion more quickly
than initially suggested.
Also, depending on the entry price, this may put the Jan 24 options in the money, then potentially more capital (and shareholder liquidity) for accelerated growth.
And we are still awaiting, white label atm licence. Half yearly due by the end of November and any atm contract tender results. Plus information on Findipay.
Cheers Anton
Ann: Trading Halt, page-4
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