You could see 5c coming - the financials are horrible and TZ's very existence is in question. With the cash burn another capital raise is required very soon and it won't be anywhere near the 11c of last time - why people got fooled into that I'll never know. Yes they will get cash from last quarter sales, but nothing like people think. Any by the way margins suck - they need to be doing $35m just to cover their cost structures. TZ needs a new leadership or it will head into administration.
TZL Price at posting:
5.8¢ Sentiment: Sell Disclosure: Held
