TZL 0.00% 2.7¢ tz limited

news release good but dc deal delayed , page-48

  1. 184 Posts.
    Maybe they should get the shares at not $1.20, but at 5% discount to market price at the time of issue, that is not much different to what shareholders get in a re-investment scheems offered by some companies.
    If the directors perform, then they will be rewarded.
    $1.20 is a very low price to be getting the shares, it does look bad in my book.
    I think they should have thought this out better.
 
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