mm55mm
In an ideal world we would get DKR resolution this week on or soon after 4 June which would see their remaining shares sold to a friendly and long-term holder or holders, followed by the Duttons report (held back for the former obviously)late this week or early next, followed by a period of tranquility for shareholders due to the disappearance of selling pressure and a "normalised" market for TZ shares, followed soon after by announcements related to NASDAQ (scheduled for 4th quarter as anticipated) followed by euphoria!!
That's the dream scenario. Unfortunately we don't live in an ideal world!! True DKR could convert and not sell at all or sell over time. But the significance of 4 June is that TZ then has the right to redeem the Notes (after due notice I presume) so they can put pressure on DKR to convert the lot so we will no longer have the uncertainty of when they will convert. Then .....TZ is going to have to start the NASDAQ countdown in earnest within a month or so of 4 June to be able to meet the current 4th quarter deadline.. so that says to me that no matter what DKR do we will be seeing announcements. In other words any "withholding" of good news or details of NASDAQ will have to cease not too far down the track.
There are plenty of reasons to expect some forward progress on a number of tthese fronts within the coming weeks.
I'm relaxed ..... don't I sound relaxed!!?..LOL
H
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