ZMM 0.00% 1.1¢ zimi limited

Ann: Shortfall Notification, page-14

  1. 2,559 Posts.
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    Facts speak louder and clear. All this can be accessed on www.asx.com.au, announcements- Can go back several years.

    16TH Feb 2017 83,333,333 @ 0.06 PER SHARE 5 MIL

    8th Oct 2018 399 mil @0.01 3.99 Mil 290 mil Short fall

    25th June 2019 200 Mil @0.005 With an option 1 Mil 190 mil short fall

    13th Jan 2020 375 Mil @ 0.004 with an option 1.5 Mil 305 mil short fall

    16th Jan 2020 62.5 Mil @ 0.004 0.25 Mil

    Last one – Over whelming interest from sub underwriter. Is the management telling the truth ?

    In total about 785 mil short fall since 2018. Not sure if the first one was also sitting with underwriters. That is the juciest. As they would have sold it at the top price in the market.

    What would the under writer do with all this ?

    Sell on market. Now knowing that next CR will be at less than the previous wont they dump it at 0.003 ? This is what has been going on for all these years with CR. Every CR is for under writers to sell on market knowing they will get next one for less.
    Do you think retail would have absorbed all that ? Fat chance. They must be sitting on tonne of it.

    Sell sell sell Before they do !!!

 
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