ZMM 0.00% 1.4¢ zimi limited

Geeze, it's still not a bad month's work to have the price...

  1. 122 Posts.
    Geeze, it's still not a bad month's work to have the price almost double.

    That said, it's never been higher than 17 cents, which means anyone and everyone who got on at the IPO is well and truly behind. I reckon the real cap will be at 20 cents - the point where people have a chance to get their money back.

    Anyone who bought into this at the IPO has a right to be pissed off - those who did it because they were concerned about the environment particularly so.

    I acknowledge that the current management probably know more about drilling for oil than building wind farms. And also that the rising price of oil makes looking for it more appealing to many investors, and could well drive the share price higher.

    For mine though this lot have a lot to prove, and most of what they've done so far is worthy of absolute contempt.
 
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