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8.8¢ zicom group limited

Ann: Chairman's Address to Shareholders, page-14

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gcfalconer

515 Posts.

08/11/14

03:00

Post #: 14256271
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Originally posted by 3500 ↑

gc,
A change is going to happen....Sooner than we expect.
It was clear for sometime that ZGL is evolving into something different.
The most likely outcome is a sale of its 2 heavy machinery divisions, rather than spin offs.
A bigger player may be willing to pay a premium to NTA for synergistic benefits.
The sale could be in the form cash & equity in the acquirer ....ZGL will still have interest in these business without having to struggle to grow them....We may even get more benefit if they are folded into the business of a bigger player where the will grow faster.....A win-win.
Interesting times.....I bought ZGL for its PE & Med tech....I'll be delighted to see the capital intensive heavy machinery business off our books.

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Have you confirmed your thoughts with GL sim who IMO would prefer ZGL remains under his control. I reckon He needs something to do mate, both He and his sons.

ZGL Price at posting: 24.5¢ Sentiment: None Disclosure: Held
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Last 8.8¢		Change -0.001(1.12%)		Mkt cap ! $18.88M

Open	High	Low	Value	Volume
9.0¢	9.0¢	8.8¢	$1.941K	21.94K

Buyers (Bids)

No.	Vol.	Price($)
1	16683	6.0¢

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Price($)	Vol.	No.
9.7¢	103000	1

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No.	Vol.	Price($)
1	16683	0.060
1	15000	0.056
1	20019	0.050
1	25024	0.040
1	77500	0.039

Price($)	Vol.	No.
0.097	103000	1
0.100	26578	2
0.110	100000	1
0.125	5000	1
0.130	149000	1

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