I guess it will come down to "who has to sell" and "who gets nervous". I think without news (P/O's and Nasdaq) then $3 or less is definitely on the cards.
I can't see TZ wanting it to hover there or below forever though as it will make their IPO plans so much harder and I believe they will need to lower their IPO price target as a consequence.
dodgy bids are a joke, page-3
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