I've never seen a company that has annual salaries greater than its market cap. This is the one bottom dweller on my list that stands out for weirdness reasons.
Looking at a couple of financial reports they all seem to be director salaries too.
This is quite amazing. It's like the market thinks that this company only exists to pay salaries and won't have anything to do with it.
This would explain the lack of trading activity. Maybe this is how the market cap is maintained by a manipulator because at $10m it looks way too expensive for a possibly near insolvent company. Surely the market cap should be closer to zero?
What am I missing? Any thoughts?
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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 | 79165 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 10673 | 1 |
View Market Depth
| Last trade - 16.21pm 13/08/2025 (20 minute delay) ? |
| TZL (ASX) Chart |
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