The end result from my view is I just see it tracking Zinc for the most part. Thats why I think the shorts are linked to zinc futures..
ZFX and PEM have 90% correlation,
Check out this graph showing OXR, ZFX and PEM
http://charts.comsec.com.au/chartimg/ChartImg1.dll/GetGif?Time=1yr&Symbol=ZFX&comparisonSymbol=PEM&comparisonSymbol2=OXR&Frequency=1dy&PriceDisplay=percent&PriceIndicator=none&VolumeIndicator=none&Param1=11&Param2=31&Height=375&Width=500&DateTime1=2607200611:26:16AM
http://www.kitcometals.com/charts/zinc_historical_large.html#1year
- Forums
- ASX - By Stock
- re:madness
ZFX
zinifex limited
The end result from my view is I just see it tracking Zinc for...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZFX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online