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FAB are you serious?? Are you saying just because zinc went up so should ZFX??Fab said:
FYI ZFX had there AGM today, i would suggest having a read of that may indicate the stocks price action.
FAB are you serious?? Are you saying just because zinc went up so should ZFX??Fab said:Interesting ZFX is going down and the price of zinc went up strongly overnight. This does not add up
im neither a bull or bear on ZFX, i was simply pointing out that to think a stocks price will go up just because the related comoddity has a better night is both naive and uneducated.dlineinvestor said:Purely on fact I cannot find a reason for the slight decline of SP. Most factors point to a rising SP. The AGM news is fairly good Zinc is steady and according to indicators should breach 17.00 this week. Any input from others ?
spitrader1 said:im neither a bull or bear on ZFX, i was simply pointing out that to think a stocks price will go up just because the related comoddity has a better night is both naive and uneducated.
Yep. When it pushes to the high 16s, it invariably immediately pulls back. But each time it does it, it gets closer to going through.kennas said:I think it's just resistance to move through the all time high, nothing more. Is expected. Profit takers moving in to take advantage of the recent increase.
i am talking intraday-which is what the poster is referring to. I agree that majority of the time sure, it should go with the price of the commod. But when you have other things factored into the equation-like for instance the companys AGM, i beleive it is silly to not think there are other market forces pushing the stock around.stoxclimber said:I can't agree - recent history suggests that is not the case...
dlineinvestor said:Purely on fact I cannot find a reason for the slight decline of SP. Most factors point to a rising SP. The AGM news is fairly good Zinc is steady and according to indicators should breach 17.00 this week. Any input from others ?
Strange.nizar said:Really?
I was there, and didnt get any positive vibes.
Board got drilled on renumeration and Greg Gailey first stated that they are doing exploration around Century but then he goes that they are not aiming to increase production there and that 500ktonnes is the maximum output.
pacer said:I bailed out this morning ...... ABC news saying a 10% increase in costs....time to look elsewhere for another play.....it's going sideways if you ask me.
pacer said:I bailed out this morning ...... ABC news saying a 10% increase in costs....time to look elsewhere for another play.....it's going sideways if you ask me.
I don't see how the rising costs are any different to any other companies in Australia at the moment.dlineinvestor said:Zinifex expects the outlook for zinc prices to more than compensate for the effects of higher costs in the 2006/07 financial year.
why isnt ZFX up today with the comodd up o/nte??stoxclimber said:I can't agree - recent history suggests that is not the case...
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