Yep disappointing. Given all we have is TSI and the shell you would think a June quarter update on TSI is well overdue and they would run corporate well enough to maintain the value of the shell, by meeting and exceeding corporate guidelines at a minimum. The board not advising on the date of the AGM after 5 months has expired or advising on an extension is pretty poor and not a particularly hard thing to do. The last thing we want is to risk the listed shell.
Cheers
JP
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