eMark said:9.50?? ok, now I'm officialy stuffed
19.50 target sell priceCanOz said:My apologies, its actually Friday's AFR, page 33 under "MIR shows confidence in zinc plays"
"He rates Zinifex a "buy" and has a $9.18 share price target"
Cheers,
ric371 said:Looking at The inside trader smart money charts, it has a falling buyer seller volume and a falling buyer seller ratio, looks to me that it will test the low 15s in the short term. but under 10 is a real long shot. unless there is another disaster we dont know about yet.
misterS said:I suppose MIR has the confidence to put its money where its mouth is by buying $226m ZXF, but it may simply be the confidence that they will reap $17.5m return (franked) (excuse me if my maths failed me there, but whatever it is, it is something huge) and calculate (risk) they will not suffer an equivalent or greater sp fall at the point when they quit their position.
At current sp there is a reasonable expectation that it may be higher for at least some periods in the months following the divvie, esp with smelter spin-off and maybe other exploration / take-over developments. I know the zinc price is a risk, but the money is pouring in right now and will keep doing so at lower prices, short of a serious zinc crash (not just the failure to sustain a price near the deficit-driven record high of 2006).
Relative to production cost, the zinc price would continue to deliver a lot of gravy while ZFX positions itself for longer-term viability, which it seems to be doing pretty well so far, at least steps in the right direction.
Kinda makes me wish I had a lazy $226m myself....
MRE.UraniumLover said:Don't know any other share that's pay's such a good dividend .if anybody knows let me know
And if you take 30 seconds to read through the share tables in your daily paper, Uranium lover, you will see dozens of companies paying similar and higher dividends.chops_a_must said:MRE.
toothfairy said:Hi,
so quiet here lately, can we have some discussion whether this is the time to buy, sell or do nothing with this stock. It is into the $15s now.
Cheers.
toothfairy said:Hi,
so quiet here lately, can we have some discussion whether this is the time to buy, sell or do nothing with this stock. It is into the $15s now.
Cheers.
Julia said:And if you take 30 seconds to read through the share tables in your daily paper, Uranium lover, you will see dozens of companies paying similar and higher dividends.
Julia
Thanks Barney,barney said:Hi Tooth, There has been a bit of interest on the "Improving Chart analysis" thread re ZFX .......... might be worth a look..... Cheers.
toothfairy said:Thanks Barney,
I had a good look at the other site and I think I will wait and watch ZFX atm instead of jumping back in. Your descending triangle looks very convincing.
I sold 80% of ZFX and am looking @ oppotunities to buy back, I think I will take a punt to buy back some if it drop to the $15 support line.
Say if it downwardly break through $15, how much lower will it go? Would it be in a bear trend then?
Cheers.
Out Too Soon said:Well I'm sick of missing out, I've got an order (expires 29/3) in high 15s for the next time it dips.(To add to what I already hold) Will I have to wait 'til next Wednesday? or will it never go there again?
Good luck all enjoy the rollercoaster!
eMark said:In this climate, nothing is certain with this stock, expect the unexpected. But surely....it will start some sustained climb soon when getting closer to the ex dividend date.
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