If its good enough for management at this level its good enough for me.Wanted to top up the ords holding anyway.
I was pleasantly surprised at how well it held yesterday considering the hammering zinc got the night before.Didnt take zinc long to make its comeback though and almost back to $1.60/lb again.Perhaps we are finally starting to see a guarantedd revenue flow being factored in for the zinc offtake/s.
Not that it should matter much to Aim holders(we hope) but unless zinc drops off the deep end in the next week or so it looks to be headed gradually north.Only a guess using the 6 month zinc chart though.I just find it difficult to think that prices can be sustained with volatility like we had last week.Can only hope the looser holding funds are being shaken out and the real buyers will come back in and settle things down a bit.
d.
AIM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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