LOL Ash,i sold my business to reduce my stress,then i bought tls shares.
You say tls is taking a cautionary approach,i suggest tls is a turtle with its head inside its shell,not even walking,like when oml was sold by ten.
First in esports u need the basics if u are going to be a esport co ie gfinity,tsm,china,japan,korea etc.TSM has the games LOL,fortnite etc and tsm are building an arena but they understand they need the arena to control the events.
Google all the esport co's as above,they basically provide access to all the major games developed ie ten cents ,riot etc.
Its not rocket science.
Bottom line unfortunately i am starting to believe tls has no interest in bringing tsm to australia or leasing the vic esport arena.
I'm still thinking about cfo's comments on making telstra ventures more rational ie did she mean investments in tsm and coherre does not fit with tls's developing business model?
Penn and chairman said u just can't fill this imaginary black hole,being nice i disagree,oml,red energy leasing vic esport arena and work with tsm would be an excellent start.
These esport co's just don't stay in one market,easy to google they have a presence in obviously various but more than one market.I would have thought tsm would have an interest in australian market considering tls's network???????????
RB,i have given up trying to explain cost benefits compared to redundancy costs as or when they kick in ie the 3200 redundancies ,will that kick in as a cost benefit in 2h fy19,or will continuing redundancies be greater ? really it goes on and on even penn went cross eyed trying to explain some financials or when it simply got to hard he said he will not comment on that question.
Just my opinion,but there are serious questions that should be asked by asic the way tls is presenting their transition figures over the 5 year period imo only.
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