SDV 7.25% 37.0¢ scidev ltd

Well, it's a good job that the AU$ is going down because zinc...

  1. 333 Posts.
    Well, it's a good job that the AU$ is going down because zinc has been smashed recently to now 0.75.We need that bottom and soon or we are going bankrupt i.m.o.They can't make money at these prices and shareholders won't bail them out again.
    Anyway what price would the next rights be at ? It would have to be very low 1C ? Wouldn't cover the cost to do it.
    Looking bad, and my optimistic view of Zinc needs to kick in now.
 
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