Okmer, there is no reason for a public company not to adhere to the same rules and act in the same guidelines as ALL other listed companies. This is a fact whether one calls TZ or not. This is what JW mentioned in July's CEO update:
Shareholders should note that the Listing Rules make it clear that the announcements platform cannot be used as a means of promotion. Only those matters that a reasonable person would expect to have a material effect on the price or value of the shares and other required corporate notifications can be placed on the ASX. To provide further information than what the Company is legally obliged to do under the Listing Rules is also subject to various corporate governance restraints and confidentiality obligations imposed by our
large corporate clients/distribution partners.
Is JW saying that all other companies consist of unreasonable board members?
Ok, its not a corporate notification, but isn't the mention of negotiations of a Aerospace license not price sensitive? If not, then what is it? A ramp? Why mention it to us? Why put 'coming soon' on the aerospace website 7 months ago, which is STILL there?
Is it a coincidence that they aren't talking the company up anywhere else outside of the TZ website?
The current board is acting at the opposite extreme as the former board. Both as wrong as each other, and considering the questions that this company has had under BOTH BOARDS, isn't it fair to say that TZ is walking on thin ice in respect to maintaining their listing? What if the ASX said "enough...we're delisting you". Then what happens?
TZ, its time to stop acting like a renegade company.
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