RE:TVI: Needs two things Keep in mind that while TVIRD is swimming in cash, TVI Pacific (the company you own) is starved for capital.
What is really needed is a respectable dividend to be paid by TVIRD to its shareholders, including TVI Pacific. That opens up all kinds of possibilities, including a compelling NCIB or even better a SIB (substantial issuer bid).
With Balabag now spinning out cash to TVIRD, one hopes such a dividend is forthcoming. It would be an earth-shattering positive development for TVI Pacific.