Very illiquid! To mop up some excess cash I had in one trading account, I placed a small top-up buy order for only 279 units and it got filled over 3 tranches over nearly an hour!Guys, it is plain to see how the SP is being toyed with by one party.
This stock is highly illiquid and is getting more so day by day.
Word to the wise ShuanM.
HC is an extremely "excitable" forum. Every share on their is going to go to $100. Don't believe everything you read
Yes point taken. They seem to be given quite a free reign to make all sorts of predictions on HC. Some of it is backed up but it is definitely not monitored like here on ASF; which I do appreciate.
Does TZL have big clients booked in for big orders?
Does the price drop to 1c if I sell my self a share for 1c or go up to $10 if I sell one for $10?
S
Maybe have a look at TZL's past announcements. There a good read and should tell you all you need to know. Its a very good way to research a company!
Big volume today (121699) I'd say the anticipation is building regarding DKR converting their holding in TZL and the impending NASDAQ listing.
Could it be that buyers may be of the opinion that the opportunity to accumulate at sub $5 may be be fast running out; this is based on a survey of 1
TZL has been down two days in a row. It doesn't seem like there is much excitement about the Nasdaq listing. Somehow I think some people on this thread might be slightly disappointed by its listing. Bad news for pommie, from what he says he has everything he owns in the company.
Eddy,
I don't follow your line of thought.I guess, what I was trying to say was that, wouldn't this be the perfect time to accumulate before the nasdaq listing, when it is expected the company will revalued at a much higher price
Eddy,
I don't follow your line of thought.I guess, what I was trying to say was that, wouldn't this be the perfect time to accumulate before the nasdaq listing, when it is expected the company will revalued at a much higher price
OK. In that case I thoroughly agree with you. I have been busy picking up small parcels lately myself, and have an expectation/hope that once we hit mid June that some announcements start flowing as the SP will find it's level unhindered by, what looks suspiciously like, manipulation.
From my understanding, there will be an offer to us shareholders (at a small premium I expect) to take stock of our hands.
You can accept and be paid, or hold out for the transfer to NASDAQ, where upon you will receive equivilent stock in the new company.
Should you decide the latter, you would need to find a broker who allows you to trade NASDAQ shares (I believe Comsec provides this service).
This part I'm not sure about, but I'm assuming that in the US there is the equivilent of CHESS. They would provide a number for your holdings (equivilent of HIN). It is this number which you would provide to your new broker to have your shares available to trade in your new account.
Remember, that directors are also major shareholders, so they will do what is in their and our interests.
Hi Pommie,
I think that comsec uses a 3rd party company to trade shares internationally? Am I right in saying though, that there is a holding fee of 50-100USD a year? thats a hell of a lot in brokerage.
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