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.
- Forums
- ASX - By Stock
- due dilligence
I see the valuation of a NASDAQ floated entity comprised of...
-
- There are more pages in this discussion • 2 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
2.8¢ |
Change
0.002(7.69%) |
Mkt cap ! $7.184M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.8¢ | $37 | 1.317K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2409 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 211048 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2409 | 0.026 |
1 | 5000 | 0.025 |
1 | 40000 | 0.024 |
1 | 20229 | 0.023 |
1 | 585800 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 211048 | 3 |
0.030 | 166667 | 1 |
0.033 | 24575 | 1 |
0.035 | 171 | 1 |
0.040 | 3000 | 1 |
Last trade - 10.18am 02/08/2024 (20 minute delay) ? |
Featured News
TZL (ASX) Chart |