Maybe its because people just think its a dead duck. After all, the share price has halved hasn't it. So has the dividend. So what. Of course its halved with zinc down and no income from the smelter now. Again, so what? Divs are still very good, percentage-wise, and they still have enough loot to aquire another AGM. Even if the merger doesn't happen things don't look that crook. I wonder how much value is being put on for AGM? Not enough I'd reckon.
ZFX
zinifex limited
