TSM 0.00% 35.5¢ thinksmart limited

Impact of Brexit?, page-3

  1. 1,396 Posts.
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    I emailed the Co and they are not releasing a Brexit statement.

    IMO even if the Brexit does happen any GBP losses will be neutralised by a falling AUD. With an interest rate cut coming in AUS in July (IMO) and a possible housing collapse (in the next year) TSM will be fine.
    If a Brexit does happen other countries might join so the GBP could become a haven currency.

    A lot of hypotheticals, anyway we are well funded and have plenty of cash in the bank just in case a couple of testing years come.

    No update on guidance has been given so everything must be on track.

    It will be interesting how they will sell existing shares for the IPO, bring on the news. For the 1.8 million I suspect Cannacord must have at least found them some institutional investors (hoping).
 
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