TZL 0.00% 4.9¢ tz limited

The CS-underwritten delist offer price will have to be much...

  1. 1,373 Posts.
    The CS-underwritten delist offer price will have to be much higher than $1, more like $2-3. As Klaas has said, forward projections agreed by TZL and AGT for Intevia earnings would value the shares (with no dilution) at something approaching 10x this level within 3 years scaled down by whatever dilution factor is to be applied in association with the HoA. Regardless of assumptions, the NASDAQ price is likely to be a significant premium on the silly valuations applying of late so I for one will be refusing any delist offer price but rather be transferring all shares to the NASDAQ, not even keeping aside the entry cost as I normally would. I really believe the prospects are that good. Why take a Holden today in exchange for another Lamborghini in a couple of years? Of course each will have their own agenda/MO.
 
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