TZL 4.17% 2.5¢ tz limited

likely impact of duttons and orders or deals

  1. 16,264 Posts.
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    Just having a look back at how the share price reacts to news. The share price ran from $3.75 on December 18 to $5.60 on january 4 on the QVT deal (24 December) and Larsons on 4 January. then it faded in a bad market all the way back to $3.87 on 22 January. The next news item of note was the initial coverage report by Duttons on 23 January and up she went to $4.02 then as high as $4.65 on 24 january and peaked at $5.20 on 25 January ... despite a general market rout at the time.

    So I can see why TZ has held back the Duttons report while sorting out the DKR situation ... and I have a fair idea where TZ is headed on the next Duttons report and any news on deals or NASDAQ ... > $5.60 as a minimum I reckon and possibly > its ATH of $7.20.

    Any thoughts?

    H
 
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