The bid won't fall over.Zinifex could end this in a flash by...

The bid won't fall over.

Zinifex could end this in a flash by offering something a little North of the $1.05 that has been the trading price. The amount of shares that have fallen into the hands of the speculators since the bid was announced is huge. Sure some of that will be churn but the number is still big.

These holders don't have any long term committment to the beards or AGM and will sell in a flash if they can make a gain of 5 - 10% in the few weeks since they bought.


Chinkiat