@treborrepus 32c when we were trading at ~40c or higher at the time, if they were smart they would have sold the minute the purchase cleared. took till the end of april for it to drop.
My guess is capital raising at 8c (20% of monthly moving average), on a tender of 1 locker to YBR - Level 11, 1 Chifley Square, SYDNEY, NSW, AUSTRALIA, 2000, and 1 locker to "The Surf Travel Company" http://www.surftravel.com.au/aboutus/.
The financial genius in charge must have tee'd up some more suckers to pump money in as most investors should the history of capital raisings by this company and flee.
Wonder what price the QVT notes will now be repriced at in response?
TZL Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
