ZMM 0.00% 2.4¢ zimi limited

Ann: Trading Halt, page-13

  1. 103 Posts.
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    Perhaps we should appreciate the fact that 'something is actually happening' rather than the 'Groundhog Day' happenings of opening at .002, then a trade of substantially less than 50c, wipes the best part of $1,000,000 off the market value. This daily scenario just gets so frustrating with no end in sight.

    So, where might we find ourselves....

    Worst, Worst case, QFY trades into insolvency and we all loose our holdings.

    Worst case, QFY gets reborn into a new 'shell company', which is always likely early in the financial year. Note here that QFY was reborn from WHL in this exact same way.

    Slightly better case, QFY consolidates it's Share Registry holdings say 1 'new' share for 100...1000?? 'old' shares, allowing some possible trading to happen albeit it at a slightly reduced rate as holders see the opportunity to finally dump and get out.

    Still slightly better case, QFY is taken over for a few $million and absorbed into a larger entity, with Shareholders entitlements at the whim of the new owner.

    Darst I entertain a massive contract for the supply of QFY to Meriton appartments or similar.

    These and or other questions will be available for all come Tuesday. So let's have pleasant dreams of what might be. No point worrying about something well beyond our control...

    Until Tuesday...Nighty Night.
 
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2.4¢
Change
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Mkt cap ! $2.957M
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Buyers (Bids)

No. Vol. Price($)
1 87886 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 13334 1
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Last trade - 16.12pm 08/05/2024 (20 minute delay) ?
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