monday

OK, a few points about Monday which will affect ZFX.

I expect ZFX to actually increase on Monday, Or maybe only drop a little bit. Here are my reasons:

1. The XJO is up a monstrous 3.4% after last night primarily due to BHP/RIO. We are now knocking on the door of 6000 points folks.
2. DJIA was up 92 odd points on Friday
3. Both LME and Shanghai Zinc prices had good increases on friday according to the IntFX website.
4. ZFX previously warned in an ASX presentation annoucement that their earnings would pull back with the sale of the smelting assets and the Zinc price/$AUD impacting this quarter. The stock price tanked at that time. This seems like old news.