ZFX zinifex limited

shouldnt it be in step with oxr

  1. toscanunan
    645 Posts.
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    07/03/08
    11:53
    Post #: 3440926
    Can anyone Please Explain why ZFX is trading at a discount to its takeover multiple of OXR.
    ie Shouldn't they be 3.1931 times the OXR price?
    current OXR price 3.65. x 3.1931 = 11.65
    current ZFX price 11.40.

    cheers
    toscanunan
    ZFX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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