No need to worry about capex, their going to pay for it all by selling pet nail trimmers and perfume - see their website at tvncorporation.com.au. I actually doubled-checked the contacts section to see if it was the same company and yes, the address lined up alright :-)
This certainly seems like an un-orthodox outfit - check out the trading-halt from 2004 to 2007. Anyway, I like un-orthodox! You have to admire their drive to keep going and their willingness to diversify.
The comments are appreciated. I'm not usually one to tout seemingly riduclous share valuations but when I was doing the sums I couldn't believe the results. I thought I'd throw the figures out there to see what others thought.
Would anyone like to suggest a valuation allowing for the items mentioned by the plough man?
No need to worry about capex, their going to pay for it all by...
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