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An update from TZ Limited ( (AU:TZL) ) is now available.
TZ Limited has announced the issuance of 15,000,000 fully paid ordinary shares at $0.05 each to professional and sophisticated investors as part of a share placement. This move, confirmed under section 708A(5)(e) of the Corporations Act 2001, is aimed at strengthening the company’s financial position and enhancing its market presence, with all regulatory compliances met and no undisclosed information required.
The most recent analyst rating on (AU:TZL) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on TZ Limited stock, see the AU:TZL Stock Forecast page.
More about TZ Limited
TZ Limited operates in the technology sector, focusing on providing innovative solutions for secure access and smart locker systems. The company targets professional and sophisticated investors, emphasizing its commitment to technological advancements and market growth.
Average Trading Volume: 119,431
Technical Sentiment Signal: Sell
Current Market Cap: A$11.31M
For detailed information about TZL stock, go to TipRanks’ Stock Analysis page.