Ann: TSI Fund Capital Structure Review Outcomes , page-17

re: Ann: TSE: TSI Fund Capital Structure Revi... Personally not happy with this, I bought in a year ago as an earnings share and they have effectively taken 30% of my shareholding. Will have to take up the rights offer to cover losses, but as the offer is available to people who buy today they get a much better deal.

Even with the rights offer it will take a long time to recoup losses.

Thanks management - nice call on your existing shareholders.