omg absolute disaster deal.... these sorts of acquisitons have never returned asx investors anything more than hype (which can only hold value in the short term)... they will never be able to flow enough oil to get investors returns... there are very high costs of foreign investment in oil.... if tsv acquisition did perform management increases its take through incentive bonuses, attached options, increased pay for performance.. increased staff increased costs.... transerv need to flow serious oil to break even... this is a huge disaster...
TSV Price at posting:
1.0¢ Sentiment: None Disclosure: Not Held