Verbal, I'd like to hear your "middle of the road" view on the following:
1. $6.8M sundry debtors, details of which the TZ Board won't disclose
2. $2.4M financing charge reported in March quarter cash flow in TZ's ASX statement, coincident with the defaulting on the QVT interest payment - with no ASX disclosure of the default
3. Non-payment of TZ's suppliers
Does a "middle of the road" view excuse the current and recent past directors for these things?
Just for a start, give us reasonable explanations on these items, if you want any credibility in this forum.
TZL Price at posting:
92.3¢ Sentiment: None Disclosure: Held
