Galvanise,
Could it be an offmarket transaction?
I like the way when these funds want in they create the churn by being on both sides of the mkt.
More importantly they want in to the tune of $510m.
Now for those who werent listening thats a $500m stake in ZFX.You dont make that punt for the dividend chq.
I hear and agree with some of the s/t Zinc and ZFX fcasts being thrown around by russell/rkjk/gann and the other guy (may actually be all the same guy?)...but I do think they are s/t views and IMHO being a dissenter to those views I think there is still a topside to ZFX thats not been explored yet and POZ still to go up yet.
The SEAsian mkt is not only an exporters mkt but a burgeoning new-middle class of domestic consumers the likes of which we have never seen before in such a small space of time. If only the d/traders would stop polluting the gyrations, we would see theres still an underlying growth rate of somewhere between 7-10% that will make our metal producers very wealthy over the next 10years at least.
Just IMHO of course.
ZFX
zinifex limited
