TSN the sustainable nutrition group ltd

dndn and onc.res.intl.ltd., page-6

  1. TDA
    11,411 Posts.
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    There is nothing intelligent or intellectual about any comments you make Gavel, you choose to ignore those that answer your challenge and you continue to then post absolute rubbish, it must be a very sad life to live.

    Sassy post this up yesterday but of course you chose to ignore it because it squashes yet another of your ridiculous ?conspiracies? you litter HC with, this time about BTC.

    Sassy?s post:

    For anyone not aware here's a bit of a Biotech "BTC" ASX notice from 12th August 2010. Be wary of the ill informed or scaremongers IMO.

    "It has become clear that running private equity style mandates in a
    publicly listed entity has several drawbacks. In particular, the inability to properly communicate the diverse range of holdings and in particular the private investments, results in the share-price trading consistently at a large discount to the underlying asset
    value.

    The Board has carefully considered a range of options for the future investment strategy of BTC and believe that the current portfolio should be liquidated in an orderly manner over the next 18 months with proceeds being returned to shareholders through a combination of dividends and other capital management strategies."


    http://www.asx.com.au/asxpdf/20100812/pdf/31rvd1m4x4gdj0.pdf


    Also on the bottom of BTC most recent announcement dated 1st November 2010.

    "About BioTech Capital Ltd
    BioTech Capital Ltd (?BTC?) is a listed, life-science focused private equity fund.

    BTC currently has investments in a diverse group of Australian life-science companies. As a registered Pooled Development Fund (PDF), investors are generally exempt from tax on capital gains and income. Shareholders have approved a change in investment strategy whereby no new investments will be made and capital returned to shareholders as investments are realised."

    http://www.asx.com.au/asxpdf/20101101/pdf/31tm6vg38fndf0.pdf



 
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