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why is ZFX up >4% ? Is it the takeover rumour again?
NCM up >5% takeover????? What's going on?
NCM up >5% takeover????? What's going on?
ZFX - Zinifex Limited
- Thread starter chicken
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No idea red&green. KZL is also up a little so some of the rise is probably due to zinc falls maybe not being as bad as people may have expected....but the rest is totally unexplained. Takeover would be nice!
Fab said:I think takeover speculation is catching up on this stock. This will put a rocket under its SP if it happens as the CEO yesterday mentioned that the price is the only issue for a sale
Though isn't price normally the major issue between buyer and seller? regards yn.
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Wow...ZFX is smashing though $2mil sales like it is nothing..I wonder what is up?
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it can only be a takeover at this stage, there is no other pausible explanation.stoxclimber said:
(Passing mention made in today's AFR as well
This rumour might have legs......
chops_a_must
Printing My Own Money
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Lets not forget ZFX has lead as well fellas.Fab said:I agree I tend to associate zinc with ZFX but obviously this is not always the case. ZFX does not correct for very long anyway. Very impressive stock indeed
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A question for the techies :
ZFX reached around $17 in early part of Nov. & many of you predicted that it will have a serious correction. Some say $14, some say $13 based on some sort of %tage. No one said for how long that it will stay down. It did dipped down VV breifly to $14.2 & I wonder how many of you managed to scramble for a handful.
Those who sat tight I admire your bravery & wisdom as it is going past $17 again despite of decreasing Zn price last night. I sold some at $16 and although regretting at this stage but realize that's the price to pay for insurance.
Am wondering now whether to buy it back tomorrow or wait a bit later? Is it a double peak pattern or not? Amazing share I must say! (for a blue chip that is.)
ZFX reached around $17 in early part of Nov. & many of you predicted that it will have a serious correction. Some say $14, some say $13 based on some sort of %tage. No one said for how long that it will stay down. It did dipped down VV breifly to $14.2 & I wonder how many of you managed to scramble for a handful.
Those who sat tight I admire your bravery & wisdom as it is going past $17 again despite of decreasing Zn price last night. I sold some at $16 and although regretting at this stage but realize that's the price to pay for insurance.
Am wondering now whether to buy it back tomorrow or wait a bit later? Is it a double peak pattern or not? Amazing share I must say! (for a blue chip that is.)
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redandgreen said:it can only be a takeover at this stage, there is no other pausible explanation.
(Passing mention made in today's AFR as well
This rumour might have legs......
a takeover rumour got a mention or the stock got a mention?
michael_selway
Coal & Phosphate, thats it!
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toothfairy said:
you have to think longer term (not too long), as yes ST in can "correct" but it produces teh right thing at the right time, and its not expensive (i.e. low PE)
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ZFX was mentioned as a takeover target as a possible explanation for the run-up in the price..stoxclimber said:
I emphasis this is conjecture ....nothing more
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Did anyone notuce the price on commsec for ZFX,there was a buy for 1500 at a price of $192.If its a takeover i think thats a bit of a high premium-hope the order didnt get filled,looks like someones a bit heavy handed- Joined
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yeah WEIRD! maybe got something to do with its inclusion in the top 50alankew said:
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Has now hit $18
As predicted a month or so ago, this share will hit $20 by around Christmas.
Still good buying at these prices.
As predicted a month or so ago, this share will hit $20 by around Christmas.
Still good buying at these prices.
nizar said:
I sure hope so!
Bought 1000 @ 3.30 and still holding...... anything over $20 would be fantastic
article on base metals in general:
http://in.biz.yahoo.com/061202/203/69xdv.html
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Now has broken through the $18 resistance level. If it can hold above this until ther close it is a fantastic sign for a further surge in the next few days. Could get close to $20 very soon!
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If the takeover talk/rumours/hype have any substance to them who would be buying and what would be the price?
