TVN 2.67% 7.3¢ tivan limited

Over paid - under performing, page-8

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    baovuong.
    When I bought into the company many years ago,my son advised me against it. His reasoning ; so many hurdles to overcome meaning it would be very difficult to meet projected time lines. Massive capex required. Numerous cash raisings to keep going and substantial salary packages that were way out of line with peers.
    In his view ,if eventually it comes off ,great. In the meantime invest elsewhere until its finance time. Until then it is just a golden goose for Directors to mine for themselves.
    Being in the finance industry he takes a more cynical view of explorers promising the next big thing.
 
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