Ann: Transfield Services preferred tenderer for DIBP contract, page-15

Still awaiting stuff re my take on TSE but how about this thought? TSE has exc swag of contracts across some key areas esp govt services. Contracted rev for FY16 alone is 2.5B. Plenty contracts run for 3-5yrs or more. Mktcap of just 530m. Yup there is still debt of 300m but cashflow massively improved?

Hence, is TSE a potential TO target for firm such as Spotless, Compass etc? I wouldn't rule it out. Need to be at $1.40 before TSE would consider it. BUY up to $1.11.