MM,
The only encouraging things I can take from this:
1. With roughly $20m cash, TZ has another 18 months before a cap raising would be absolutely necessary (12 months is a more likely number)- hopefully the credit markets are closer to normal by then, and PO's have been signed.
2. Today's sell-off is on low volume. I'm hoping this doesn't change.
3. AS bought $1m more at 3.20 very recently. It doesn't strike me as the actions of someone who thinks the company is in trouble, either financially or in commercialising their tech.
The cash burn is troubling, the current SP is disappointing, and the timing of the Nasdaq listing uncertain. I've become a nervous holder- but still think there is a VERY good chance this technology will become commonplace in a multi-billion dollar potential market.
As I've said before, bottom drawer...
But... I never thought we see these lows again. TZ listed at 50c (2.50 equivalent- absolutely staggering)
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MM, The only encouraging things I can take from this:1. With...
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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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