rough estimates would give them this levelof cash as they have $1.7 bill plus the earnings over the last couple of years. I think they had 700 mill as of last annual report so possibly the $3 bill all up.
this means they are 35-38% in cash for a big swoop on something.
The main problem is that everything has gone up 20% in anticipation hehehehe.
cheers
- Forums
- ASX - By Stock
- ZFX
- must have 3 billion in cash
ZFX
zinifex limited
must have 3 billion in cash
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)