TZL 0.00% 2.1¢ tz limited

Ann: Letter to Eligible Shareholders, page-7

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  1. 4,727 Posts.
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    Financials
    TZL - Cash raised $180m, current on hand 500k
    Profits - zero, >$100m accumulated losses
    Cash Flow B/E - no
    Debt - yes, several million

    Outlook - large loss for current year c$6m

    Team
    Chair - Track record with TZ poor, paid $400k plus for many years as part timer, share price from 90c to 2.8c under tenure
    CEO - stood down years ago when lost major tender (share price halved), reappointed
    CTO - who knows

    Product
    Postal Locker - no margin, now moving away from this sector due to losses
    Data Centre - YOY business decline
    Uni/Bdlg Lockers - showing growth
    New tech - nothing of consequence

    Cost Structure
    Grown every year, high salaries

    BE Point
    Need 40m turnover to cover cost structure (currently at c$20m)

    Market Cap
    a paltry $15m, down from $200m+
 
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Last
2.1¢
Change
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Mkt cap ! $5.388M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
4 117663 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 27853 1
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Last trade - 16.12pm 03/10/2024 (20 minute delay) ?
TZL (ASX) Chart
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