anyone who is old & ugly & grumpy like me would remember the late Rene Rivkin who died 10 years ago
No 1 rule for Rene is the downside , "how low can it go if im wrong" in the case of TZL that is now getting to zero
Would UPS or singpost care if TZL disappeared,
in the dog eat dog world of business i would say they wouldnot care less.
If TZL was not around someone else would buy the patents/licences/software from the liquidator & life would go on unchanged , it happens all the time.
Onetel , 15 yrs ago, all the customers move on to other telcos
Same with a few startup airline we have had over the years
As Rene would say about this stk, i dont yet know what the true price of this business is,
but 10 cents is currently the wrong price , it is either a lot more, or it is zero
We are about to see how the story ends..........or begins........if they cant get $5 million then the answer is insolvency tomorrow .
This is last chance , if they are not able to be cash positive this calander year , then forget it
If Lehman brothers & Bear sterns can collapse then so can TZL
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Last
2.4¢ |
Change
-0.002(7.69%) |
Mkt cap ! $6.157M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.4¢ | $854 | 35.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 126638 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 50679 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 126638 | 0.024 |
1 | 10000 | 0.023 |
1 | 500000 | 0.019 |
4 | 539000 | 0.018 |
1 | 29470 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 50679 | 1 |
0.027 | 125000 | 1 |
0.028 | 211025 | 2 |
0.030 | 166667 | 1 |
0.033 | 24575 | 1 |
Last trade - 14.24pm 08/10/2024 (20 minute delay) ? |
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TZL (ASX) Chart |