April 15 (Reuters) - TZ Ltd (TZL) :
- BELIEVES IT TO BE PRUDENT TO WITHDRAW ANY PREVIOUSLY FY20 EARNINGS GUIDANCE
- TO DATE BUSINESS HAS REDUCED ITS FIXED OPERATING COSTS BY OVER $1.2 MILLION
- SINCE IDENTIFIED FURTHER FIXED COST REDUCTIONS IN EXCESS OF $2 MILLION TO BE IMPLEMENTED OVER COMING 12 MONTHS
- BUSINESS OVERALL HAS NOT SHOWN SIGNS YET OF CAPITAL EXPENDITURE BEING DELAYED OR CANCELLED
- MEDIUM-TERM GOAL OF TZ TO GROW RECURRING REVENUE TO BE OVER 50% OF SALES BY FY2023
- IN FINAL PROCESS OF NEGOTIATING NEW FINANCING TERMS WHERE LENDER HAS AGREED TO AN INTEREST FREE PERIOD ON ABOUT 60% OF DEBT FOR 8 MTHS
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Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.27M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 91265 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 34992 | 3 |
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| Last trade - 11.09am 13/08/2025 (20 minute delay) ? |
| TZL (ASX) Chart |
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