Surely if only $530,000 per year is an issue for keeping a company running then that company has a problem. I would have thought that with the assets and potential TZL has they could easily borrow $530,000 at a reasonable interest rate. I think they are taking advantage of the situation; particularly if within the next 12 months we will be cash positive.
Maybe I don't understand the situation but at the moment I'm not happy and will be voting against it. I would give them $530,000 if they would give me the shares they intend to take up at $1.20.
Surely if only $530,000 per year is an issue for keeping a...
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.131M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 65000 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 26414 | 1 |
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| Last trade - 09.51am 03/07/2024 (20 minute delay) ? |
| TZL (ASX) Chart |
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