ZFX zinifex limited

oversold bounce imminent takeover looming, page-22

  1. 91 Posts.
    Ive just finished playing around with that chart, nice uptrend channel from Jan 06 to July 07 when the stock peaked near $22.

    Then a breakdown, head and shoulders pattern, break of fundamental support in oct 07 around $16, now lower lows and still trending down.

    its not a nice chart at all. (tried to post, but I think it has to be uploaded somewhere, right?)


    PS> why are all the financials showing a considerably lower eps in 08 and 09? Is this what is causing the selldown?
 
watchlist Created with Sketch. Add ZFX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.