ZFX zinifex limited

well done to contrarians, page-2

  1. 43 Posts.
    The old maxim buy it when nobody wants it,what they did not say is do you have the psychic courage to be wrong.
    Bought at $15.79. $15.40 was the price I had in my head because of the gap in the chart,unfortunatley did not have the courage to pull the trigger at that point.
    Have lost money in the past trying to be to clever,in the big picture over time more than confident that this is a good price. The volume around $15.30 and 40 was tiny even with the courage getting filled at the clever point would have been lucky.
    The report I suspect will be of the same flavour as BHPs and I suspect an inprovement in dividend.
    Finally I have to admit that I would not be so eloquent if the share price was not $16.80 and the volume 1.8 million.
    Cockiness is a red light indicator.If Zinc had of continued to correct I might be licking my chops or taking a loss.
 
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