TSM 0.00% 35.5¢ thinksmart limited

buy-back tender, page-44

  1. 36 Posts.
    lightbulb Created with Sketch. 2
    You can sell them, just find a broker that has access to AIM. They contact Computershare, transfer out how many shares you want to sell and send the order through to UK. It is an opaque system. The old fashioned market makers are there where they have a buy and sell order in place, often with a wide spread. Expect to pay brokerage in AUS and UK and a small percentage on exchange rates.
    TSM has got to be the closest we can get to coffee tin investing. As long as APT market value holds up, TSM is very cheap.
    APT AUD37B. Clearpay is turning out better than expected-instead of 5-7% initial broker estimates for APT, it seems to be up to 10% right now and 10% seems to be a lower limit. 3.7B clearpay. 6.5%=AUD240M, 137M pounds, about 125p compared to 75p market price, ignoring cash and other assets.
    Interim results should be interesting-at end of June, no Clearpay employee options had been issued. The longer they remain un issued and the higher the share price of APT is, there is a chance that TSM ends up with more than the value of 6.5% of Clearpay when converted to APT shares.
    TSM has never said anything about the value of their Smartcheck software and how it's value will be realized, then again they never said much about Clearpay until announcing it had been sold to APT. Despite the increase in shareprice, the 2 Australian based directors havnt sold any shares, that is encouraging.
    Dallek1
 
watchlist Created with Sketch. Add TSM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.