Ahh lovely price collapse this week after the ridiculous low-volume spike to $19 over the Christmas - New Year break.
I will very happily close out my Short position today for a wonderful profit.
Happy New Year indeed.
The perfect storm of ZFX takeover rumours, zinc price spikes and general market bullishmess fuelled by low-volume trading days is over just for the moment, allowing for some long overdue price retracement in ZFX.
The final straw was news of Greg Gailley's small sell order.
In my mind this was an obvious short in the immediate term and I know others held a similar view.
Coop
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zinifex limited
Ahh lovely price collapse this week after the ridiculous...
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