Fair comment about hedge your bets. I'm also in "CTP", "ROG" & "RER", But also been in "TNC"
Collectively, You never know what rabbit they might pull out of the hat & with other companies that have group of quasi related companies you never know what "sweetheart deal" that will swing to what company at what time. (example : regarding the Biogenic Methane Enhancement technology. Initially it was "RER" lttle baby then all of a sudden they give "TNC" the right to acquire 100% , then as per 22 June 2010 announcement they pull the rug from under "TNC" by not exercising their right to acquire 100% & only right to acquire 50% of this).
Todays announcement vindicates the markowitz theory (spread your risk - don't put all eggs in the one basket) especially if you bought into TNC after the annoucement that TNC had option to acquire 100% of the biogenic methan enhancement technology.
Really need to retain interests in CTP, ROG, RER & TNC , because it seems a moving target as what deals are going to be struck in future.
NZC Price at posting:
39.0¢ Sentiment: LT Buy Disclosure: Held