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27/03/08
13:53
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HT1,
"Your analysis may not be correct. you are assuming that MQG and UBS and directors are not part of the 44m traded today."
My analysis was done when just after ZFX posted the announcement that they had close to 70%, it had not taken into account any of today's sales.
I will bet that the buyer today at 1.10 is zfx.
Yes, the 44M maybe MQG or UBS selling out. We will need to wait til early next week to actually find out.
With Jinchuan holding c.83M and ZFX now holding c.586M there is only 114M left in other hands....
Cheers
Muzz
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