The long suffering shareholders may decide to cough up some more money and have their shareholding drastically diluted.
This issue is essential for survival of TZN.
Many other small companies are in similar financial difficulties and I expect to be called upon by others for financial help.
I have had similar experiences in the past when times got tough; and I lost a lot of money and seen my shares get replaced at the rate of one new share for 20 old.
I will let this issue pass.
It is too late for me to sell.
capital raising, page-5
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Last
2.8¢ |
Change
-0.001(3.45%) |
Mkt cap ! $59.26M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.8¢ | $4.018K | 143.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 250666 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 1827943 | 3 |
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| Last trade - 13.28pm 21/06/2024 (20 minute delay) ? |
| TZN (ASX) Chart |