Is this guy who is organising the bun fight going to get a cut from helping to raise the $10m?
I just got the letter and do not intend to follow it up - TRY is a lottery ticket for me, and if I lose $10-12k then so be it - I presume I will be able to sell out and save some of my "investment" in TRY.
They letter says they want to get rid of John Jones and/or Peter Stern, but keep Nilsson.
I guess this person has over-invested in a spec stock and now can not sleep while watching his "investment" vanish.
The Invetec loan is almost gone - no point in worrying about it now IMO.
I doubt that it would be easy to raise $10m at 6% pa for such a spec investment as TRY.
GLA
loki (yawn - I hope things get better for those living in Pennant Hills, house price drops must be very worrying for them)
TRY Price at posting:
9.8¢ Sentiment: None Disclosure: Held
