Must admit ZLD's sp rising to these levels has been a massive surprise to me and my suggestion to sell in the 9's was way wrong.
Congrats to those that held or bought when the sp was in the 9's and rode the sp into the teens. Admittedly I don't understand it, but only a fool denies the facts. While IMO fundamental facts didn't support the rise, the strength of sentiment certainly did.
But I refuse to chase ZLD, because in the past ignoring fundamentals has always brought me unstuck. Overall, I am very positive about the MM sector in 2017, and fortunately some of the other MM stocks have come back to levels where I could justify buying some and stay invested in the sector.
Don't get me wrong, I like ZLD, infact it was the 1st MM stock I ventured into and the one I've done the best out of thus far. I'm not averse to investing in ZLD, but at the moment, on currently known info and fundamentals, I cannot.
Still can't see how ZLD's sp won't come back down, considering the CR @ 7c and the fact there's an absence of any announcements that would justify buying ZLD above 7c atm. But hey, I was wrong the last couple of weeks and the sp might very well prove me wrong again.
There's no guarantees with any of these speculative MM stocks, but IMO 1 or 2 of these will ultimately be successful in the long run and there in lies the challenge, trying to predict the winners and the losers. Must confess I'm no closer to working it out at this stage. ZLD holders your chances are as good as any at this early stage. Best of luck to the holders.
***
- Forums
- ASX - By Stock
- ZLD
- ZLD
ZLD, page-84
-
-
- There are more pages in this discussion • 97 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add ZLD (ASX) to my watchlist
(20min delay)
|
|||||
Last
72.0¢ |
Change
0.020(2.86%) |
Mkt cap ! $8.169M |
Open | High | Low | Value | Volume |
71.0¢ | 75.0¢ | 71.0¢ | $2.142K | 2.893K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8 | 73.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
80.0¢ | 466 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8 | 0.735 |
1 | 394 | 0.710 |
2 | 14488 | 0.700 |
2 | 2145 | 0.690 |
2 | 1668 | 0.680 |
Price($) | Vol. | No. |
---|---|---|
0.800 | 466 | 1 |
0.940 | 40000 | 1 |
0.950 | 1429 | 1 |
0.980 | 1021 | 2 |
1.010 | 1000 | 1 |
Last trade - 13.49pm 04/10/2024 (20 minute delay) ? |
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
ZLD (ASX) Chart |