It's about balance, they take in one hand, but give in the other. There are a lack of shares, which make Zol sp volatile. Now, with 20 x more shares in the pot, a company with big aspirations like Zol don't need a saw tooth sp. We need daily stability, as in the future Zol will pay dividends! Now, when your shares are reduced in number, they will be increased in value by the oil licence the size of Cornwall. So, less in number, but more in value.
Again! Most buys in last 10 days, have been by someone accumulating. The slow, but constant rise is the same as the pre Xmas rise from sub 2p to over 6p. I wonder why the bod choose the 4th of July as it's official t/o day! Less than 2weeks of accumulating buys to go.
Yeh that is unfortunate. I was just wondering what will happen to my holding in general? is it true i will end up with only 1 in 20 of my shares - and what price will i receive for all of them? and also those i continue to hold, what sort of SP will they likely to be at after consolidation? Sorry but i may have misunderstood previous posts, any help would be greatly appreciated
There was a previos post here ,that had calculated figures,at 12p pre and 2.50 post after 4 july .based on assets and the co as there are now.....with only 10% left in free float after 4 th july ....so would it be better to top up now or after..any thoughts..
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