AZL - Arizona Lithium

[PLJ50L]

Hi all,

Trying to find out if anyone has interest/knowledge in Zylotech Ltd (ZYL)

I like playing with these kind of cheapy stocks for a punt and this one seems pretty good?

any thoughts out there?

cheers

 

[madhun]

Re: Zylotech Ltd (ZYL)

It would only be a punt.

It fluctuates wildly between .002 and .004, peaking at .008

Get it at .001 and you'll do fine, but don't expect any dividend return anytime soon.


Depends entirely on your strategy, but it goes without saying, don't put the station on it.

 

[bailej03]

Re: Zylotech Ltd (ZYL)

Director sold down a realitively big package recently then SP slipped to 0.003, could be one the way down again b4 it goes up again as has been alluded too.

 

[TheProphet]

Re: Zylotech Ltd (ZYL)

Wouldn't touch it with a ten foot pole. This is the most diluted stock of all time. But hey if you could get in a .002 then do so. I hardly think anyone would be willing to sell at such a price. Alternatively get in at .003 and youd be looking at a seriously long time before you could even consider getting out at .004 . This stock trades at 0 volume 9 out of 10days.


Happy hunting

 

[pods]

Re: Zylotech Ltd (ZYL)

Wouldn't touch it with a ten foot pole. This is the most diluted stock of all time. But hey if you could get in a .002 then do so. I hardly think anyone would be willing to sell at such a price. Alternatively get in at .003 and youd be looking at a seriously long time before you could even consider getting out at .004 . This stock trades at 0 volume 9 out of 10days.


Happy hunting

Hmmm. Do these comments still hold?

 

[Green Lantern]

Actually ZYL did a reverse split and is now trading at 2.5-3c. There is more liquidity and it has positioned itself to work with Siemens and other majors in this space. I do think it is one worth watching now.

Good luck to all

 

[ALFguy]

Has run on significant news of a 'Team up' with IBM.

Trading at 12c, up 105%.

Listen to the BBR interview - mentioned other projects they have but are yet to announce.

 

[surfingman]

Has run on significant news of a 'Team up' with IBM.

Trading at 12c, up 105%.

Listen to the BBR interview - mentioned other projects they have but are yet to announce.

Can you post a link to the announcement your reffering to please aflguy?

 

[ALFguy]

All announcements are on ASX surfingman

ZYL on ASX

 

[happytown]

the recent movement may be the result of the recent IBM ann of 09/03, coupled with the recent Tenix ann of 07/03 and the late Feb vodafone and adair ann's, which [the ann's in total] all may have something to do with the recent t/o offer from QTK that the board of ZYL have informed s'holders to reject as it deems it inadequate in its current form, see ann 22/02

cheers

 

[surfingman]

The BRR interview wont work for some reason on my pc?

http://www.brr.com.au/event/ZYL/1604/11900/mp3

A larger parcel just went through of 250K and volume so far of 32445031

 

[happytown]

ahhhhh, spp offering up to $5k of new shares at 4.2c p/share as opposed to 10/10.5 current sp record date 21/03 - helps explain todays sp movement, ann released 4.06 today

cheers

 

[surfingman]

ahhhhh, spp offering up to $5k of new shares at 4.2c p/share as opposed to 10/10.5 current sp record date 21/03 - helps explain todays sp movement, ann released 4.06 today

cheers

Wow will be interesting few days got a few just before the trading halt...

 

[silence]

Is it just me or does this seem like a no brainer? Buy the shares now, wait for record date, buy more at 4.2c, and you're in?

Aside from the fluctuations at record date, etc, is there anything I'm missing?

 

[surfingman]

sold out this morning at 2% loss, and silence your not missing anything here expect some JV's which they have formed, Im going to hold out on 1 share and see what happens with share price with the share offer.

 

[resourceboom]

Is it just me or does this seem like a no brainer? Buy the shares now, wait for record date, buy more at 4.2c, and you're in?

Aside from the fluctuations at record date, etc, is there anything I'm missing?

silence, was thinking of doing the same thing, eg by a couple of shares (you only need 1), and try for the arbitrage selling when you get the SPP shares. But I probably won't as the SPP will likely be oversubscribed, and the following quote from the SPP announcement turns me off "Zylotech reserves the right to scale back applications in a manner to be determined by the directors in their absolute discretion", as it may end up being a waste of brokerage and time.

 

[surfingman]

whats going on with this stock today against the market up 28%, i hold 1 share but not sure if ill try to subscribe.

Are share placements usually first in first served?

 

[the barry]

whats going on with this stock today against the market up 28%, i hold 1 share but not sure if ill try to subscribe.

Are share placements usually first in first served?

I think they usually work out the number of shares applied for and then compare it to the number available, work out the ratio and then apply it peoples applications. So if it is 30 percent oversubscribed, then you will get 70 percent of your application. I bought the minimum parcel on friday, happy to lose it if the share price drops for the opportunity to double my cash quickly.

 

[RIC]

i think it wont be worth applying for spp as shares
currently 10 and issue 4.2
if half of 3700 shareholders apply for $5000 this is
1850*5000/.042 = 220m shares and this doesnt include
the many small amounts bought in last few days
they can by law only issue 29m therefore scaleback
would be 29/220*5000=$659 worth shares or 87% scaleback

 

[Gurgler]

Well today's announcement of the signing of the RMIT contract produced a surge of interest (33million plus shares traded). Their endorcement of the Pan, Tilt and Zoom camera is most welcome.

I wonder where we will go from here? Keep meandering along the horizontal?