I know there has been much speculation as to a deferred IPO and in general most would say while not ideal it's not crucial to the success, moreso the P/O's are.
However, reading the QVT deal details once again, I think a delayed IPO would have a "major" impact on the company and send it's share price reeling.
The additional 6m shares and a cash payment is diluting the company equity 10% and will have a huge impact on cash flow (let alone confidence, you can't live on borrowed money forever).
I now take the view that an IPO this year is vital unless they can restrucutre the QVT deal (but it will cost them)
- Forums
- ASX - By Stock
- TZL
- delayed ipo
delayed ipo
-
- There are more pages in this discussion • 12 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
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.414M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.5¢ | $412 | 16.46K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 48571 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 7000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 48571 | 0.025 |
1 | 40000 | 0.024 |
1 | 20229 | 0.023 |
1 | 588000 | 0.008 |
1 | 100000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 7000 | 1 |
0.028 | 211038 | 3 |
0.030 | 166667 | 1 |
0.033 | 24575 | 1 |
0.035 | 171 | 1 |
Last trade - 12.32pm 09/08/2024 (20 minute delay) ? |
Featured News
TZL (ASX) Chart |