Hi SBF,
Re IP, refer to answer in question 13 below.
http://hotcopper.com.au/threads/questions.2774858/page-66?post_id=17864038#.V3Mgz_l97IU
Re what does TSN have to offer TSI India? Good question. I cannot seem to get past this paragraph below. For me it's the leverage from the business relationships they have formed over the past ten years, the vast experience as well as the contacts in the sector, all of which carry a lot of weight imo.
Taken from the Operations Update dated 02/05/16...
"TSN intends to support TSI India in its endeavours of achieving strong and consistent growth by identifying innovation and technology opportunities in the e-transaction sector that can be provided to TSI India to provide opportunities for increasing its revenue lines to the large and expanding base of customers in one of the largest and fastest growing economies in the world."
http://www.asx.com.au/asxpdf/20160502/pdf/436ykfjrnbyg1y.pdf
Tony
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