Member Info for bombalaboy

Any advance on 3.8 tomorrow?

The horror and nightmare worsen when will it end? Where are you GGG

The SP is getting to the level where Glencore sold out at a good price.

When will this bottom out? The Australian budget tonight has just doubled CGT (to 47.5%) for folk like me so the loss is softened but still not what I expected when gambling on this share.

Beardozer, I live in Australia. No such things as ISAs here (sadly). CGT is taxed at one's marginal rate in Australia after halving the gain (so 24.5% overall for those with an income of > 95k GBP/AUD185k). Pensions (superannuation) here tho are wonderful, no tax to pay when you draw on it irrespective of other income. Sadly my UK pensions are not treated the same way, taxed in the UK and further taxed here to bring it up to 49% overall. Anyway lets hope ZIOC has bottomed.

The only solace in ZIOC at present is that it will slash my CGT bill for this year. Not what i expected. What a disaster. But thast AIM. No more AIM shares for me now only ETFS and indices. One learns the hard way.

What happened to all those exciting days in the 7's and 8's? four is coming, lessons for all

Seems the pessimism expressed in my posts of 30 dec and 15th jan were close to the mark. no magic windfall here for PIs.

Not the RNS nor SP reaction we were hoping for today

It now seems to be off the leash. Had my final top up at 7.58 to take my collection to a mere 400k (shares not GBP). I hope your prediction is correct GGG. I am not sure what your partner would say if things go belly up!

GGG i am a retired specialist medical practitioner enjoying semi-retirement in the Adelaide hills. Worked 3 decades in Edinburgh but very happy to be back home. I see the crazy algo has started early today. Maybe ZIOC will end up as a case study in some future economics/business/MBA3 course

urse

I use CMCX australia. i tried the same method at 7.28 earlier in the day when the spread was 7.28-7.80 but the buy was not accepted. MM on the other ZIOC board (ZIOC.GB) at LSE has posed two interesting messages today about the trading pattern. Not sure what it all means though. Gamma trades, betas and algos are all a bit much for my elderly brain plus it is 0212hrs in the morning in central australia..

Bizarre trading pattern has restarted. i have placed, again out of interest a buy for 8000 at 7.42 (spread 7.42-7.88) transaction completed in 3 minutes circa 1.23 GMT

I live in Australia. They have no ISAs but do have very good superannuation saving plans for retirement which are tax free when drawn down. Cost of living, renting and houses is very high but so are most wages (compared to the UK).

GGG I placed a buy order for 12k at 7.40 when the spread was 7.40-7.98. It went thru immediately much to my surprise. It was done purely out of interest since I am already well overweight in ZIOC. The only solace is if it tanks to zero it just reduces my CGT bill for the year. I am extremely wary about ZIOC and my intuition and experience suggest all will not end well for PIs, hence I consider it a gamble. At my age and financial position a gamble like this is a sideshow. On Tuesday I was out fighting a bushfire that came onto our property (we have had 40-45oC weather for nearly a week) and managed with the help of neighbours to control it before the fire service arrived. That was a real adrenaline rush (unbelievable heat and smoke), ZIOC is a small sideshow. I hope for all the genuine holders on the BB that all does well end since AIM can be totally disillusioning when young/middle aged and there is a genuine need for the extra cash.

The trading pattern is truly exceptional. Never seen anything like it in 45 yrs of trading. I have just bought (purely out of interest) 12000 at 7.40 so one may wonder how many are these 'sells' are indeed sells.

Prepare for disappointment.

Given the PI anticipation why is the SP still around 8p?

I will be very happy with 30p

New KOTB I share your sentiments. I have gambled here (ZIOC is not an investment) but expect only a modest return at best.

Much ado about nothing, to paraphrase Shakespeare.

MM64 do you not remember the last/recent 'buy in' at 4 p for strategic investors?