TZL 7.69% 2.8¢ tz limited

Could be any one of a number of reasons, but I believe you are...

  1. 5,277 Posts.
    Could be any one of a number of reasons, but I believe you are right. The price is being kept here. I think there may be a lowball offer coming to entice some substantial selling. This stock could be used to provide to underwriters for a foreign listing. After all, the issue of new scrip would only dilute the larger shareholders, and they wouldn't want that.

 
watchlist Created with Sketch. Add TZL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.