I agree TZ have imposed a news blackout and stated so some time ago and also that it may be related to ensuring the price DKR could receive on-market was limited. DKR are obviously not selling now but will not allow TZ to acquire all their notes at $3.02. So they will convert and keep and perhaps sell down or transfer to another buyer off-market. That is a certainty. Either way the overhang has disappeared and the price is being allowed to drift up again without that selling capping it at $4 or less. Does that mean the DKR situation is resolved? Regardless, the TZ management has started making more announcements after a long time and that suggests the matter is at an end. If so then there will be selling only from traders and they will rapidly thin out.
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I agree TZ have imposed a news blackout and stated so some time...
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Last
2.3¢ |
Change
-0.002(8.00%) |
Mkt cap ! $5.901M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.3¢ | $340 | 14.78K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 57084 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 150034 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 57084 | 0.023 |
3 | 30000 | 0.020 |
1 | 192412 | 0.009 |
1 | 588000 | 0.008 |
1 | 100000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 150034 | 2 |
0.026 | 40000 | 1 |
0.027 | 125000 | 1 |
0.028 | 211025 | 2 |
0.029 | 8580 | 2 |
Last trade - 10.20am 13/09/2024 (20 minute delay) ? |
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TZL (ASX) Chart |