ZMM 0.00% 1.4¢ zimi limited

1st tranche on monday

  1. 440 Posts.
    Well I am very impressed with the way WHN has held up over this week given the weakness of the All Ords.

    The US futures again points to red on the DOW overnight.

    Not sure, but other poster mentioned 1st tranche from CR will be released on Monday - we all know that the 1st tranche holders have it all over the second tranch holders (as second tranche not released until I believe May)...

    So it will be interesting to see how many first tranche shares get dumped over the next few weeks -lets face it, 15 to 20% profit is a very good short term trade...

    Fascinating to see the block of 11 million odd units at 3.2 cents (which just happens to be the CR issue price) - lets see if that size of a block remains over the coming weeks.

    Good luck - I am still waiting to see how things go and aim to take a positon prior to the end of this month.
 
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