I'm not sure I read anything particulary positive into this report, other than the fact we are being communicated with again and the company expects to relist soon. Oh, and at least there is now some integrity which means we should be able to believe what we read.
But the presentation says to me that they still have not got market validation of the product so are still in a proof of concept stage. We are two years on from the launch of commercial products and they still don't know if there is actually a market...
At $1 per share we have a ~$80m company (69m shares plus $12m debt) that has not proved its product. Sure there is some value in PDT but thats not the end game here. Pretty scary but I guess less scary than insolvency.
So are all the positive comments before me on this thread just expressions of relief that we are about to list again or am I just a cynic.
Zinc
I'm not sure I read anything particulary positive into this...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TZL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.7¢ |
Change
-0.005(22.7%) |
Mkt cap ! $4.361M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.7¢ | $2.645K | 144.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 538000 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 116127 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| TZL (ASX) Chart |