With regards to new zinifex/oxiana merger ...
Any ideas on what new company name might be ? (If approved).
Care to have a stab?
My observation was Zinc prices went up 3% in last 48 hours and with world Zinc prices a very finite resource , prices should go up significantly in the long term ..well thats my theory anyway.
I was overloaded in ZFX having bought a bundle at $9-55. Sold some at 10-32kept 2/3 of them.(to buy COK and OSH)
If I ever see anything like that or $9-80 on ZFX Whooshka..Ill pounce like a lion.
Ok so Im a fan..
Further I like the new designated General of the OXR ZFX merger. Look what he did with Western Mining (sold to BHP). and..OXR copper prices roarrrr
You need a good man at the helm.
My most humble opinion only
Merger name suggestion "ZINOX" like it??
Remember Oxiana known affexionately as BIG OX so they should try to retain that bit.
just to brush up my understanding ... we the sharholders of Zinifex would get 3.19 shares of the newly merged company for each ZFX share. ami I right? What about the Oxiana shares? For example if I have 100 ZFX shares and 100 Oxiana shares ... we would get a total of 100X3.19 + 100 = 419 shares of the newly merged company.
Ami I right in my understanding?
Thanks
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