TZL 0.00% 2.5¢ tz limited

agm and presentation, page-51

  1. 5,277 Posts.
    Miracle? I don't think it would have taken a miracle do do a deal with QVT considering that they didn't want to send TZ into administration anyway. A miracle would have been keeping all of QVT's notes at $1 when really all they were eyeing was constant revaluations downwards. I think many investors here aren't experienced in investing in other stocks and so think that a miracle has been performed. Look further afield and you will see turnaround stories in much shorter timespans. I think 95% of the credit should be going to the sales people, engineers and shareholders for holding this together.

    By the way, QVT's notes are still open for revaluation. Ask yourselves why QVT are still not converting. Are they not believers? If not why should we expected to be? Like I alluded to before, this is a company we own and not a footy club we support.

 
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