Ann: Successful Completion of A$32.9 Million Placement, page-20

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Sweetsound

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12/11/21

19:52

Post #: 57542118
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Originally posted by Damir141: ↑

Clearly the larger funds are pushing the share price down via washing between themselves so that retailers don't take up the offer therefore more shares on offer for them. Once the offer is completed and the amount of shares outstanding is then reduced by 15. Then that pushes out all the traders who like volume along with traders who like shorts. NCZ will then become tightly held by the larger funds who will then re-package NCZ as an ESG "GREEN" play to sophisticated clients and other larger funds. This will occur over the next 12 months as Sibanye aren't allowed to sell 19.9% during that time due to escrow hence making the share registry tighter and the share price higher. It's a good strategy to piss off all the wankers who don't give a toss about this company. Good riddance I say. I doubt Sibanye will take over NCZ due to their track record of not delivering and going cap in hand many, many times. Just remember as a larger company a loss will offset larger gains elsewhere and therefore potentially more dividends. My suggestion is forget the zinc side of NCZ (Basically if Patrick talks about Zinc just think of Gretta "Blah, Blah, Blah) as that's predictable and just focus on the potential of the copper side of the company. That's where any upside will be going forward. AND I've taken up my full allocation just to stick it to the larger funds. GLTAH and Pray for Dividends in 2022.

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..Pray for Dividends in 2022.

The thing is - one shouldn't have to pray for dividends - dividends were supposed to be paid ages ago - since the first CR at 30+c after listing NCZ struggled all the way till now - has not yet reached that level since. At current levels can it get worse - maybe, maybe not. From current levels, doubling money is possible but not guaranteed.

NCZ Price at posting: 14.5¢ Sentiment: None Disclosure: Not Held
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