ZEN 0.00% 91.0¢ zenith energy limited

It seems today was a victim of a seller wanting to exit for...

  1. 277 Posts.
    lightbulb Created with Sketch. 46
    It seems today was a victim of a seller wanting to exit for whatever reason and very few buyers. That's always a problem with a small cap stock, the price is at the mercy of any significant buyer or seller. I can't see any other reason for the drop today as I believe the report was solid with the vagaries of the business well flagged. Over the medium term I expect this stock to significantly outperform and am happy to hold. Once a few more contracts are realised (and we have been told they are in the pipeline) then a re-rating to a $1.50+ is likely.
 
watchlist Created with Sketch. Add ZEN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.