I see the valuation of a NASDAQ floated entity comprised of about half the leftover requisite TFS divisions, TZL and a couple of additional M&A announcements to come in the form of small high tech design companies (such as smart materials) will be placed at something like US$1.2B (top of range) making the likely TZ component around US$300M. If so then I expect the TZL list price to be around US$2.25 but demand for stock could greatly affect that price. I do not believe the top 20 will part with their stock in large part but I also anticipate an ASX delisting. While it is possible later this year that holders are offered about AU$3 per share I for one will not be selling anything more than about 20% to square the ledger with the rest earmarked for the really big profits to come as a result of the imminent license announcements and applications following the float. The list of companies I have heard that are backing a float mean it is unlikely that there will be much spare script floating about so higher prices may well be achieved in the shortish term. Long term (say 3-4 years) the price may well be a further substantial multiple for the original holders (at float). I intend to be one of them.
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Last
2.5¢ |
Change
0.001(4.17%) |
Mkt cap ! $6.415M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.4¢ | $547 | 21.88K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10000 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 198691 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10000 | 0.024 |
1 | 250 | 0.020 |
1 | 200000 | 0.018 |
1 | 83888 | 0.010 |
1 | 718000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 198691 | 2 |
0.027 | 2000000 | 1 |
0.028 | 2675000 | 1 |
0.030 | 166667 | 1 |
0.031 | 195000 | 1 |
Last trade - 14.50pm 28/06/2024 (20 minute delay) ? |
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