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Finance Wrap: FBR and TZL Sink as WTL Jumps on Growth Plan

11:31am on Saturday 20th of June, 2026 AEST MARKET NEWS
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Finance Wrap: FBR and TZL Sink as WTL Jumps on Growth Plan

11:31am on Saturday 20th of June, 2026 AEST
Key Points
  • FBR fell 33.33% after proposing a 1-for-50 security consolidation.
  • TZL dropped 19.44% as it launched a $3.08 million capital raise at 3 cents a share.
  • WTL climbed 12.50% on strong half-year growth and a plan tied to a $3 billion adviser network target.
  • PE1 slid 6.93% even after saying SpaceX’s Nasdaq listing could lift its net asset value by about 18%.
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