Ann: Change in substantial holding from TRY , page-7

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  1. 61,102 Posts.
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    "remember the $10m convertible loan equals another 7% so its up to almost 60%. Not a bad trick to get that extra 7% to push it across the line and give AZH funds to continue advancing their project."

    Yeah I forgot about that but not sure it counts until converted.

    Yes very much looking like TRY will be in a position to take control of the board but will they do so?

    Just thinking TRY could have got AZH a lot cheaper via an on market buy out. Wonder if it would make scene to allow the T/O to fall over and take that route?
 
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