I was pretty blunt when the last management fiasco took place that wasn't in the best interests of stakeholders. Seems like a poor move and hoorendous timing. 40c!! We are above 50c currently.
Unless there is something special released with the announcement today, I would have to agree that the S.P will tumble as mentioned above.
Completely pissed that management have the option to spend $200k each at 40 and wouldn't spend anywhere near that amount on market to further improve confidence.
As for a fare price to jump on... Wouldn't dip my toe in yet until it is clear what all this means.
MZI Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held