major announcement with qvt, page-9

Agree Luckdog, obviously no ones wants the dilution, but it has been on the horizon for a long time and good to have the issue resolved, so the market and HC posters can no longer speculate as to the result.

18c is not great, but they could have done it as low as 10c in recent months, so at least we know that Bouris did a reasonable deal.

Would be nice if some options were converted, but lets hope TZ management make a concerted effort to reduce costs so we are cashflow positive ASAP and the share price can reflect some of the growth potential we have.

Still inclined to vote No to the remuneration report, as an indication that not only do they need to look at executive pay but all costs in the business, including travel and most importantly related party transactions!