ZEN 0.00% 91.0¢ zenith energy limited

Ann: Placement, page-2

  1. 5,448 Posts.
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    It will be interesting to see if these sophisticated and and professional investors will dump all their shares at say 61 cents for a 5% stag profit or if they are 'in' for the long haul.

    I cannot see the share getting below the 58 cents. And with 50 mill shares now at 58 cents (I add in the SPP) one cannot see the price raising much. Anyone interested to buy would already have been in (a shareholder) and waiting now for their $15k offer. And they volume of this wee company is such that all those buyers will now be on the sidelines for a couple of months.

    So now I see this share price at 61 cents until the 2019 end year results - then a spike (I mean like 10%)

    And I now await new projects to be announced that will help in 2021+. Those type announcements will add a bit here and there.

    In any case 'welcome new holders and healthy balance sheet'
 
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Currently unlisted public company.

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