reasons for selloff, page-3

zinc price bottomed a week or so ago and had already dragged down zfx pre-merger..

I'm skeptical about Chimaera.. how much stock would they have?

Lots of stock has changed hands in the last few days, I would suspect we might see a substantial shareholder notice shortly.

Despite all the doom and gloom about zinc, zinifex is effectively valued at zero in the current share price.

Copper is up to 3.98, very close to all time high. At $2.47 a share there is 44c cash, OXR valued at ~$4/share (copper is up, gold is up since the merger) and zinifex assets at ZERO........

All the analysts are upgrading their recommendations, targets are $4.50 or so .. I doubt this can stay this low for long without Teck or Xstrata or someone taking a punt.
There are probably enough aggrevated shareholders to accept a fairly moderate offer..

Its mind boggling its dropped so low when FMG is up around the $11-12 mark..