TZL 0.00% 2.7¢ tz limited

ap selects volly from pitney bowes , page-37

  1. 4,727 Posts.
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    The share price was pushed to 32c originally by a large holder and then low and behold the cap raising happened.
    I think now we are being held there on purpose. I wouldnt be surprised to see a significant deal annoumced in the next 4-6 weeks. There will not be enough money in the kitty to make it happen. They then have the ideal opportunity with SH approval to do a much larger cap raising - friendlies and qvt will share much of the spoils but other holders to get a look in also. We as a consequence will not be seeimg the SP moving anytime soon.
    Things are looking up, hope we announce a deal and can kake it happen without.a cash raise but looks unlilely to me - I expect around the 32c again
 
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