ZEN zenith energy limited

Perhaps our White Knight is planning to join the Cabal, after...

  1. 5,888 Posts.
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    Perhaps our White Knight is planning to join the Cabal, after all? Since Westoz bought EVERY share on the 2.8 mill day, I expect they would have bought another 1.5 mill if the price stayed at 98 cents (and it has) and filed another substantial notice for the 1+% rise. But that did not happen.

    I think I will give it one more day. Maybe they have bought 1.4 mill in the last few days. Or their calculator says they now have enough to control the outcome. That may be the case. As they sure were not shy to issue the substantial announcement on the day they bought. They could have waited a couple of days, buying more, before they revealed their hand. But perhaps their hand is a Royal Flush. So revealing does them no harm. I think they are Cabal bound or 'no' vote bound.

    Gee, they have power. Their book says the share is undervalued at 1.01. So they guzzled at 98 cents. And THEIR no vote allows them to guzzle more at 90 cents. Or joining the Cabal allows them to guzzle my shares at 1.01. Mind you, as the Cabal grows, so does the power of the Leftovers.

    This is all just guessing like a Netflix Soap, I guess.

    https://hotcopper.com.au/data/attachments/2229/2229400-a2b58843fe22f3a1e52257036d9cd039.jpg
 
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