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Hi kippax,Yes, it does not make sense to convert now when the SP...

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deb_001

75 Posts.

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18/05/22

16:23

Post #: 61481863
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Originally posted by kippax: ↑

Hi deb 001

Whilst converting TMZO at 3 cents when the SP is below 3 cents is not smart. You can buy heads at 2.7/2.8 at the moment so why bother? its not exactly leading from the front but at least it is putting a sorely needed $10 k into TMZ coffers and not into the hands of a SH desperate to get out.

Perhaps buying a substantial number of heads would be a better signal.

kippax

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Hi kippax,

Yes, it does not make sense to convert now when the SP is below 3c except as a statement. And would DW miss the $10k as much as you or me?

I am not sure how much of his current holdings have been purchased on-market, will have to check.

Deb

TMZ Price at posting: 3.1¢ Sentiment: Hold Disclosure: Held
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