Could be any one of a number of reasons, but I believe you are right. The price is being kept here. I think there may be a lowball offer coming to entice some substantial selling. This stock could be used to provide to underwriters for a foreign listing. After all, the issue of new scrip would only dilute the larger shareholders, and they wouldn't want that.
tz presenting at smallcap showcase, page-21
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.388M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4250 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 198691 | 2 |
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| Last trade - 16.12pm 09/07/2024 (20 minute delay) ? |
| TZL (ASX) Chart |
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