Hardmano
Have you ever actually considered that the 10% equity TZl gave up may end up in Platinums hands, not AGT .Also as Klaas said anyone who wants to dump a stock or does not believe in it does not put it in voluntary escrow.This bloke is a clown.The reason Platinum ( who remember own AGT ,so therefore would have been the ones signing off on the negotiation ) agreed to sell at these prices was as the announcement said because Credit Suisee advised all parties on structure and price .
If TZ had a market cap of say 80m when it was only going to receive 10/15% of the royalties ,perhaps CS have convinced Platinum and others ( as the annoucement said ) that its market cap will be greater if they receipt all the royalties.So to me that means a market cap closer to 400m.
The one thing I do agree with ,is that the Australian market does not understand the future value of TZ ,but 2 private equity firms in OASIS and Platinum do !!!!!!
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