Hello everybody25 Apr 2019 09:07
I am new to LSE but following the discussion about ZEN since some weeks.
During the last weeks I steadily bought a parcel of ZEN shares and I guess from the recent SP level the chances outweight the risks.
I am invested in two "Energy" companies: Zenith and 88.
88 is my bigger portion but ZEN has a vital advantage: The current MC. While in 88´s MC of 50Mio GBP certain expectations are priced in already, this is definitely not the case here with ZEN. ZEN´s MC is just 9Mio GBP and nothing positive development is priced in already.
And yes, AC bought again almost 600k shares on 23rd of April:
https://www.canadianinsider.com/node/7?menu_tickersearch=ZEE+%7C+Zenith+Energy
Even if some users here are not quite confident about his track record so far, he seems now pretty confident on what is to come here. In the success case i hope of some SP rise similar to Block Energy or RMP.
So hello from my side and good luck with our investment here!