interesting that NRW (the mining contractor) got their exposure and position out before open today; they have exposure of 35 mill on their yearly pre tax profit (overall) of 140 mill; so they could be hit 25% of their yearly profilt; and they said what I said.... 'maybe there will be no loss, but maybe a big loss, but not to worry, we have many new contracts, and she's all sweet'
I wonder why ZEN is slow. They likely have the same mantra.... 'we may lose x, and we may lose nil, and not to worry, we have heaps of contracts coming up'
Heck, what else can they say.
I was just reading the resolutions for the extra shares at 58 cents (vote on 25 June); I wonder if the 'binding' agreements are actually binding; I hope ZEN announce one way or the other how 'binding' the 'binding' is. Interesting times.
ZEN Price at posting:
56.5¢ Sentiment: Hold Disclosure: Held