Hang in there everyone. March 31, 2019 has been mentioned a few times. We only have about 4 months to wait before something material will happen, I believe. Yes we are all frustrated. But so also TIO must be frustrated that their original 100% takeover was thwarted by a minority of small shareholders (justifiably). This malaise cannot go on forever with a CR every 18 months to keep the bills paid. This is not a sustainable strategy for us minority shareholders or for TIO. TIO know they cannot pull the NZ wool over our eyes anymore. Any deal will be have to be substantially beneficial to all shareholders. I firmly believe there will be an outcome (maybe out of left field even) that will acceptable to minority shareholders before March 31 next year. I am not selling in the meantime, but will accumulate more in any dips in the low 7s.
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Hang in there everyone. March 31, 2019 has been mentioned a few...
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Open | High | Low | Value | Volume |
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1 | 25 | 0.740 |
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Price($) | Vol. | No. |
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0.830 | 2941 | 1 |
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