My two bobs worth here. I still hold 3/4 of the stock I held a few months ago and probably like a lot of posters here I am down $000's
I have to say that I am a bit gloomy about the Kangwane BFS. Why? well we have had a couple of directors resign recently, one not take up his options, the SP languishing around the 4.5c mark and relentless selling for the last 6+ months.
I bought months ago because the information I had to hand made ZYL an attractive buy. I have since been asking myself what information do the sellers have that make ZYL an attractive sell.
I like to assume that the ASX is a level playing field, that the information that I have that forms my decisions is the same as everyone else. We recently had a director pass on the opportunity to convert options to shares at 6c when the SP was over 8c - soon after negative news is released and the SP drops to 4c.
After this I think it is legitimate for me to ask myself just how level is the information playing field here and with the SP sticking around the 4.5c mark with a major announcement due - well, I can see why Pandelis has vacated the scene.
I wish all holders do well. I think you deserve it.
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Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $85.00M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 1.8¢ | $96.02K | 4.900M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 859469 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 1009813 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 823879 | 0.019 |
16 | 2758463 | 0.018 |
28 | 5415696 | 0.017 |
19 | 5641693 | 0.016 |
17 | 4743877 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 539813 | 2 |
0.021 | 3757160 | 10 |
0.022 | 2753652 | 13 |
0.023 | 1787316 | 7 |
0.024 | 4701753 | 17 |
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