Interesting to see how this goes over the next couple of days.
Announcement of Results of Rights Issue is tomorrow. Would expect them to pay down their debt with most of the funds. Nothing new there.
11th of June is when we'll see the dilution and I'm expecting a bit of a pull back due to it. 10-12c range.
Really like how Scott Beeton is swinging pretty hard in this. Excessive debt is never good, especially when it is impacting client orders.
Interesting to see how this goes over the next couple of...
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Last
2.5¢ |
Change
0.003(13.6%) |
Mkt cap ! $6.414M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.5¢ | 2.4¢ | $6.023K | 241.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 261809 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 2000000 | 1 |
View Market Depth
| Last trade - 14.43pm 11/07/2024 (20 minute delay) ? |
| TZL (ASX) Chart |