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
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $67.10M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.5¢ | $95.71K | 6.380M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 5201889 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 966370 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 5201889 | 0.014 |
13 | 8762454 | 0.013 |
9 | 9939606 | 0.012 |
8 | 4505090 | 0.011 |
6 | 3775000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 966370 | 5 |
0.016 | 8499503 | 27 |
0.017 | 1817822 | 12 |
0.018 | 3598657 | 13 |
0.019 | 2074989 | 7 |
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