Actually, TYX has dropped to less than a 1/4 of its share price. Company has been destroyed and every asset sold off for a fraction of what was paid for it. The model has seen large number of shares issued to parties affiliated with CPS Capital at artificially low discounts. In the same view, POW has little cash left, so I expect to see the same model of capital raising here at severe discounts to clients of the same group. The new Board members appear to be proxies for CPS Capital again.
I had imagined we (POW) would be picking up a new project, but based on today's announcement, it seems they have nothing, other than a 'review'. I take that as mumbo jumbo for saying a cap raising is on the way.
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Actually, TYX has dropped to less than a 1/4 of its share price....
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