TZL 5.36% 5.3¢ tz limited

qvt interest and dilution punch

  1. 292 Posts.
    hi lucky. i am sorry but you are missing what happening here. if you held for years you would know what is happening. not your fault

    first on agm. every year people are given agm alcohol. usually it keeps shareholders drunk for a month. this year it is wearing out after 1 week. question for 10 points. lucky for tzl dumping started after agm so it made agm easier. please donot think selling is from genuine. only have to look at other years to see why.

    so let's look at facts :

    1. qvt STRANGELY did not want to put in money to take up rights.
    2. share price is falling with good news and even good news supposed to be coming next year.
    3. seller is selling for loss.
    4. qvt 2012 interest on $2 m is due in 3 weeks.
    5. parcel locker network and singpost pilot cannot start until after 3 weeks....hahaha.
    6. according to one poster at agm it was said qvt and tzl did not reprice notes ( extra potential shares ) bedsides it risked rights issue failing. now that rights issue is done there is no risk of extra notes / potential shares.
    7. no promotion even on massive singpost deal.

    so ask yourself. if YOU were qvt and didn't want to put more money in to tzl how could you counter dilution ?

    have 2012 interest done at such price that the resulting dilution on conversion will more than counter dilution from rights issue AND all for no cost ?

    $2 m @ 15 c = 13 m shares

    $2 m @ 10 c = 20 m shares

    $2 m @ 5 c = 40 m shares

    big jumps eh ?

    come on tzl. please disprove theory.

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