The decision by Nauru to go "open" is part of a pattern of behaviour that will actually expand the scope of service provided by TSE on both Nauru and Manus and also push the contract more towards rates + margin or cost plus, both of which are less risky for TSE than hard dollar alternatives. All of the cleaning, catering, medical services etc will remain, the article itself says this. The only difference is that the gates will be open. This will mean that the arrangement remains in place for much longer than it might have as a "detention centre" and more services will be needed for the interface with the Nauruan community.
This is an excellent development for TSE.
TSE Price at posting:
$1.12 Sentiment: Buy Disclosure: Held
