I find trying to understand the share price action really interesting. The price seems now to be held down at around the 80c mark despite a strong general market. Aside from the dillution issue, why wouldnt the share price be trading at a premium to the capital raising price? The money obviously reduces debt and will be used to potentially increase income. To my way of thinking - this is clearly an accumulation phase - shares passing to the patient.Its just boring at the moment. If I had some spare cash - I reckon now is the buy time.
share price
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Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $86.77M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6428 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 14 | 1 |
View Market Depth
| Last trade - 14.59pm 27/09/2024 (20 minute delay) ? |
| TZN (ASX) Chart |
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