from the prospectus
Use of proceeds of the $4,611,880 rights issue
1,600,000 Capital required to meet locker bank supply, commissioning and servicing contract obligations with Singapore Post
800,000 Capital required to support funding and deployment of the Company's parcel lockers in Australia as part of the Company's community locker network initiative
200,000 Development of new modular swing handle to support launch of new low cost upgradable IXP device underpinned by OEM supply contracts
1,591,880 General working capital purposes to support the Company's business plans and to support growth into Asia
420,000 Expenses related to the Offer
The above table is a statement of current intentions as at the date of this Prospectus. As with any budget, intervening events and new circumstances have the potential to affect the manner in which the proceeds are ultimately applied. The Board reserves the right to alter the way proceeds are applied on this basis.....
However they should notify the market of any intention to alter the way the proceeds are used,.....one would think the 1.5mil is material in nature and the market required to be informed???
- Forums
- ASX - By Stock
- TZL
- conflicting reports.
conflicting reports. , page-8
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TZL (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.184M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 282797 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 282797 | 0.025 |
1 | 220000 | 0.023 |
1 | 50000 | 0.020 |
1 | 27833 | 0.018 |
1 | 99888 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 200000 | 1 |
0.028 | 12352 | 1 |
0.030 | 166667 | 1 |
0.031 | 195000 | 1 |
0.033 | 24575 | 1 |
Last trade - 10.08am 15/07/2024 (20 minute delay) ? |
Featured News
TZL (ASX) Chart |
Day chart unavailable
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online