why falling so much, page-22

latest from deutsche bank

target has dropped 20c to $14.70 as analysts have lowered forecasts significantly. The Buy rating remains intact, however.

Judging from the comments, and the cut in forecasts, the released set of results did not meet expectations, but Deutsche Bank analysts remain positive. The company is on the lookout for more assets, now that the Allegiance ((AGM))board has finally recommended its offer, and cash flow remains robust, the analysts comment.

They do warn that Zinifex better pick its targets well.



Target price is $14.70.Current Price is $10.50. Difference: $4.20 - (brackets indicate current price is over target). If ZFX meets the Deutsche Bank target it will return approximately 29% (excluding dividends, fees and charges - negative figures indicate an expected loss).