So we can sell PDT and raise cash in a pretty quick fashion (as well as chewing through it), but getting a few parcel lockers going is taking an eternity....and we're meant to believe we might be the provider of choice across Asia??
We are still 11c, we still have minimal revenue (even less now with no PDT), we are still burning cash...
It's nearly the end of another financial year and once again management have not delivered (1 week to go) on anything of consequence (and 6 lockers with Sing Post is not consequential!).
I'll throw up if I need to read another annual report that has more fiction in it than Arthur C Clarkes mysterious world!
I am hoping that management after 3 years prove me wrong and make some big announcements quickly and the SP gets moving...otherwise the cash will be gone, the losses will remain and the SP will be, well, 11c at best. Talk up not winning the Aus Post contract as much as you like but I'm not seeing the "win" yet.
I remain unconvinced that TZ will/can ever deliver and that's why there is no investor interest....the market cap for a stock with this much potential is a joke.
TZL Price at posting:
11.0¢ Sentiment: None Disclosure: Held
