Ok I get the capital raising point.But let's be objective! Who...

Ok I get the capital raising point.

But let's be objective! Who can tell me:

1. what tender it is?
2. what tenders TZL have bid for?
3. what tenders are factored into shareprice?

TZL has a history of not making sales and not winning tenders! The trading halt around Aust Post was only necessary because the speculation was that they were about to win it when they weren't.

For mine, the only reason for a halt now would be a capital raising. The failure to win a tender that no one knows anything about is not a basis for a halt.

Let's be rational, who raises capital with an announcement like "Oh crap, we failed again! Can you give some more cash?" No one! If the missed out on another tender and needed to raise cash, they wouldn't say a word about the tender at all and just do a capital raising.

So my guess is that they have won a contract and are planning to take advantage of the situation and raise some capital on the back of it. Chances are its a tender for the consulting/design business and not related to lockers or handles.

I stand to be proven wrong!