ZFX zinifex limited

oversold bounce imminent takeover looming, page-21

  1. peter pumpkinhead
    6,757 Posts.
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    07/01/08
    21:42
    Post #: 3218344
    There's no way they can guarantee that dividend. Zn price is going nowhere and now they are looking to spend their cash hoard on a company with currently negative cash flow in what looks like a bear market for base metals. Also will greatly reduce their chances of being bought out as both will have to be bought?

    The question is - why AGM?
    ZFX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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