Will it cost you anything to joing something like the us version of chess to actually hold the shares when they are converted? Do you have any idea how to do this?
I posted many pages ago my discussion with Comsec. When you tick the box to have shares listed on nasdaq, you only have to join comsec international trading to sell them. I was advised by comsec to only join 6 wks before you were looking at selling, and no yearly fee incurred. If you want to trade them, that will be a completely different story. The cost was something like $65 per year to keep the account open (charged if no trades in 12 months).
Cheers Grace
Will it cost you anything to joing something like the us version of chess to actually hold the shares when they are converted? Do you have any idea how to do this?
I believe we will have a letter eventually from TZL (some time this year so I hear), and you either take the cash, or take shares on the nasdaq.
I am curius as to how many TZers here would actually take a cash offer for their holding?
As for me, I'm going to play on the NASDAQ!
I am curius as to how many TZers here would actually take a cash offer for their holding?
As for me, I'm going to play on the NASDAQ!
Much would depend on the price offered. I find it difficult to believe they would offer much below $6 a share, otherwise it would be a no-brainer. At that price or above I may offload some, but keep the rest for the NASDAQ adventure ride.
For newcomers, have a read of the 2006 shareholder presentation (30/11/06).
On one of the slides you will see the logos of many of the early adopters for Intevia.
This shareholder presentation was the last great presentation by TZ. Since then we have only been fed titbits.
The names of these companies alone make it worth holding onto TZ stock.
Any week now, the blackout will end and the light will be blinding.
Intevia ® IFT was featured in actual applications on booths of four key Aerospace Early
Adopter Customers exhibiting at the show including:
• ANZES Design Engineering recently re-branded as Altitude, a major supplier of aircraft and component MRO (maintenance, repair and overhaul) services
demonstrated Intevia ® technology in a cabinet latch
• Heath Tecna displayed the Intevia ® Overhead Storage Compartment In-Line
Latch which demonstrated how the Intevia ® solution reduces weight
significantly on an aircraft. Heath Tecna is the foremost supplier of passenger
aircraft interiors and components worldwide.
• Precilec, one of the largest aerospace interior integrators in the aerospace
industry, displayed Intevia ® IFT in a seat actuation system, demonstrating
weight reduction and electronics integration
• A large Aerospace company, who requested not to be named at this time
featured Intevia ®-enabled access panels for aircraft in a secured area of their exhibit booth which demonstrated IFT guarding against unauthorized access
After the news that Qantas was reducing routes, staff and speed to help counteract the increasing jet fuel price, this release back in April frequently referred to the weight reduction offered by Intevia fasteners, this factor along with the consideration to future design trands, one could assume sales could soon start to emerge in the airline sector. Any thoughts?
Santoro,
Intevia has a longest lead time for commercialisation in the Aerospace industry. There is a lot of testing, red tape etc. I believe we won't see Intevia in commercial airliners until 2010.
Enterprise and Industrial will generate revenue for TZ in the short term i.e as I write.
Next week will be very interesting in that either DKR will convert or TZ will redeem the notes.
Your prayers have been answered. A notice has just been posted!
dkr oasis note redemption. This will hopefully be the precursor to many more announcements.
Zaal
I don't understand why they haven't already converted all of their bond notes into shares. was there a limit on how many could be converted over certain period of time?
or could they now covert all the remaining $7.4m in to shares in the next 14 days and hold them? if so why haven't they done this already?
will we see a flood of shares on the market for us to snap up in the next two weeks?
I'm always at a loss as to what the DKR shennanigans will do to the SP. I can understand the holding off of announcements but what difference do DKR make?
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