Mich
It just depends on your trading thoughts and what your trying to acheive...short term or long term.
I have estimated ZFX to have a net profit of $2 Billion for the next year, that is calculated on current spot prices which look like going alot higher, multiply that by 7 and you have a company with a market cap of $14 Billion....I think that gives about a $29 Share Price plus the fully franked dividend..
Excellent profits to be made over the next year or so with the almighty ZFX.....I will soon be trading out of all my CBH and crossing the whole lot into ZFX....
Cheers mate
ZFX
zinifex limited
