*groan*.........this............thread...........takes................so long............to.............download.............with all..............the clips...............
finally............my old laptop is struggling under the strain!!
ZTA, the folly of mine, under going a CR..... i wont go into the details again, but have noticed some interesting trading..........
recently, 3 T20's were taken out by Peplon Nominees, in an interesting on market sale...........they had been put back out @8c for a quick flip...they got 2 small bites, one of them mine, to finish an order. after going "ex", i notice they havent put their block back out.............
also............on friday, a block of 500k of ZTAR was snapped up @.001...........only $500 you say.......but, on settlement of the trade, the buyer will need to stump up $30K, so, he/she has gotten a fast ride into the T20 at an entry price of 6.1c.............how many more rights come out remains to be seen, i figure most holders who dont want to participate( for anyone with say 15k of rights, they're not worth selling), will simply let them expire, leaving them to end up as a shortfall (yummo!)
Whilst Transcontinental are not underwriting, they and two directors have indicated they will take up extras, and i,m sure Transcon will find some new blood should there be any significant shortfall
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