TZL 12.0% 2.2¢ tz limited

Last 2-3 weeks??????????More like last 2-3 years!!!!!!!!!!I'd...

  1. 5,277 Posts.
    Last 2-3 weeks??????????
    More like last 2-3 years!!!!!!!!!!

    I'd love to answer your questions Lucky but I'd be just "filling in the gaps". Why don't you give the company a call? ;)

    This was a 6c a few months ago, before issuing an extra 40% securities (dilultion), so that should have taken the share price down to around 4c.

    Yes, there is Singapore Post, but that was announced 6 months ago, and will be for up to 100 lockers eventually (small change). Then we've also been told about ADAM would be delayed, and larger the scale, therefore greater capital raising (dilution) requirements.

    We've also recently heard about further delays with a Coles decisions and IXP OEM agreements (if they ever happen)

    The last quarterly has shown IXP and PDT failing, so I really question the current market valuation.

    That's my view but of course management is "doing a great job"

    (well done to MM for calling it right all along - although i doubt he is taking any satisfaction in being correct)
 
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