This one a decent takeover punt imo.
Either they are going to bulk up and try to avoid predators by taking someone else out with their free cash or they will be bought themselves. It will be positive for share price either way as will represent diversification from the currently weak commodity that they are in.
Upside on this particular rumour is minimum $4.00, potential downside - will give back most of todays gains ($1.69) but probably not all. Risk/reward says worth a punt.
ZFX
zinifex limited
