No nothing from ASIC although I understand they have been liasing with TZ.
So financial performance worsens and they have now admitted the IP is worth bigger all. They continue to burn cash like no tomorrow so really cant see the company surviving much longer. In a way I want it to happen as then ASIC can act on the irregularities and we can see where it goes. John Wilson has been appointed as the fall guy. You are right First Samuel tax loss deductions on TZ are significant for their portfolio. 5c by Jul 31
Ann: Appendix 4D, Half Yearly Report and Accounts, page-4
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