ZFX zinifex limited

zinifex bid in the offing , page-13

  1. 574 Posts.
    hey guys

    i think were missing the point here
    can someone explain whats going on
    ZFX traded at $16 rebound a week ago and today dropped to $13!! way past the 52 week low and closed @13.09

    i mean the divvy now must be 10%+ fully franked and cashed up and bidding for AGM

    Even if the market doesnt like it, i can't believe why its been sold down and gapped and crashed thru 13.50 support so easily today

    got myself a parcel @13.50 after selling out for profit last week @14.50 and thought geez this is alright only to crash thru to 13 in no time

    how can this happen only with 5-6mill shares traded, i mean after trading for 52 weeks above $14, most would be selling at a big loss. the big Q is someone can explain is WHY?????
 
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