Seven years ago shares in Tiger Royalties and Investments (TIR) traded at 2p. Today they are 0.25p offer. As at June 30 2012 net assets were £4.4 million. Eight years later net assets were £360,000 and last week the company announced another £500,000 raise at just 0.21p. Enough is enough say shareholders owning just under 6% of the company who are now calling a GM to oust boss Colin Bird. Bird has yet to fess up to this via RNS, having received the letter two days ago, but happily Winnileaks has seen the requisition letter and thus I publish it below.
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