I invested a little. I was whingeing heaps about Tzn and my partner said why dont you email the co and ask them whats the benefit to invest when you can buy on market at the same price. She did this for us & to my surprise the CEO responded with a detailed email. Actually I was impressed, he didnt sugarcoat the response, listing many challenges that lie ahead. I liked his frankness and should he be able to achieve some of his ambitions, tzn will be a much more attractive company for us and the broader market. It hit home to me that this will take time, and there are now real risks. In respect of the spp, he didnt really sell it other than to say that Angas with the high A$ has not performed greatly and that the cap raising would have been done earlier but for the hope that the good news would have given the share price an uplift. Ive been with Tzn at $4, so not much sense in selling at 14c.
TZN Price at posting:
12.8¢ Sentiment: Hold Disclosure: Held
