ZFX zinifex limited

bearish action last few hours, page-16

  1. 10,644 Posts.
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    re: closing action gann mookie11, if it was a certain thing it would not be on a PE Ratio 4 or 5 etc.

    Take a look at other stocks on the market that are on PE ratios of 30 or 40, their future incomes are much more assured and thus people will value future EPS into the share price.

    Zinc could fall 30% over night and change the senerio totally. Don't think that can happen? How many of you remember the Silver crash earlier this year? Anyone? It was only a few months ago.

    It wasn't that long ago that the exchanges would actually run out of supply totally.

    Having reduce stock piles so no saftey net. The stuff still has to be sold.
 
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