TZL 0.00% 8.0¢ tz limited

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  1. 2,336 Posts.
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    Only 10.5c left to go.
    So since the loss of the AP contract the company has lost approximately $22million off its value.
    Must have been one heck of a contract when it is considered from that perspective which does suggest a massive oversell.

    Within the news release that is due in the next ten days (which will detail staff restructuring), MB should, imho, look to inform the market of the state of the company's finances. Shareholders are wanting out if the share price is anything to go by and it is his duty to ensure shareholders are getting value, not this constant decline. If it keeps dropping, who is going to prop up TZ if further financing is required? Or is it getting driven down in anticipation of some refinancing around the 10c mark?
    Come on MB, help your loyal and disillusioned shareholders out.
 
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