TPP 0.00% 8.8¢ tempo australia ltd

Ann: Operational Update , page-7

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  1. 249 Posts.
    Vendor,

    It will change in time only a new company starting from the bottom up.

    They have now started their core business being Construction & Maintenance, Tempo Industry will supply all supporting staff etc to operate their core business., with no additional start up cost. Also no cap raising is planned at the moment.

    The share I believe is thightly held the top 3 shareholders (being directors) own approx 1/3 of the shares while top 20 is own approx 80% or so, from memory.

    The company IMO is taking all the right steps and in a few shorts months since change business activity they have made great progress.

    Next year the company will grow quite significantly IMO.

    They will be doing shutdowns for BHP, RIO Tinto & Fortescue Metals, look up seek.com.au they are looking for trades people to fill in the positions.

    Put this one on your watchlist.

    I hold DYOR.

 
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Currently unlisted public company.

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