TTY territory resources limited

He is back and just as he resurfaces two of his other...

  1. 645 Posts.
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    He is back and just as he resurfaces two of his other outstanding investments for TTY appear to be heading into some serious issues. MAL announced a trading halt today for the outcome of a strategic financial review. It lost a director yesterday so it could be ugly. At least TTY wrote this stella investment down at 30 June. Meanwhile over at NMI (15% held by TTY) three directors have left in a month and there are some serious questions about its way forward.

    But then of course there is the wreckage of MON and the issues with IRL and URA and of course OLY is an acccident waiting to happen.

    And he is back. Maybe it will be third time lucky for MK. Good luck to any brave soul who would go on the boards of the new ventures. I would not let him loose with one cent of my money
 
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