re: market about to pop You've got to be joking. Many reasons for share buy backs and I personally don't believe a share buy back should be allowed to occur without a vote at an AGM. In most cases I favour a dividend or capital return over a share buy back. As for your statement that the management know more about the company and its future, hence the share buy back - what that is plainly ridiculous. Maybe you could go and research management who have bought shares in their companies in the past 6 months and have a look at the current share price of the company. I'll give you 2 to start with - LUM and QTK.
As for the future share price of a company as large as ZFX, it will be determined by the insto's and funds, who would probably hold 80% of the ZFX stocks. Comsecers, Hotcopperites, etc don't have an influence on the ZFX share price.
- Forums
- ASX - By Stock
- queen
ZFX
zinifex limited
re: market about to pop You've got to be joking. Many reasons...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Currently unlisted public company.
The Watchlist
VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online