TZL 4.35% 2.4¢ tz limited

I hope management has watched what has happened to the buyers...

  1. 4,727 Posts.
    lightbulb Created with Sketch. 22
    I hope management has watched what has happened to the buyers and the liquidity of this stock with their "quiet" strategy. I find the strategy since relist slightly baffling. Why come out of suspension only to see 60% wiped off the value of the company due to many loose ends not being resolved. I can only think that QVT want the price pushed down, so can convert, take control and make a nice profit while the other shareholders sit on massive losses with no choice but to sell. Every day I read what is happening it seems more and more likely to the point I think it almost a certainty.
 
watchlist Created with Sketch. Add TZL (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
0.001(4.35%)
Mkt cap ! $6.157M
Open High Low Value Volume
2.5¢ 2.5¢ 2.4¢ $5.562K 227.2K

Buyers (Bids)

No. Vol. Price($)
3 11317 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 212352 2
View Market Depth
Last trade - 11.44am 26/07/2024 (20 minute delay) ?
TZL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.