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this morning is not very encouraging. Are we being sold down the river ?
I first bought into Zoltav back in 2011 simply because I thought the father would not let the son go tits up. I even bought more in 2014 !
Really unsure as to what to do now.
Any thoughts/ideas ?
This trade comes at a strange time. We are expecting positive news on both the cashews and the continuation of strong October cpo prices sometime next week. Should there be any problems/delays to the cashew start -up then I foresee a number of holders will express conspiracy theories/insider knowledge being behind this trade. We will need wait and see but LM can expect some serious questions if bad news is forthcoming.
the late-reported trade from midday on the 4th was really a sale then it had barely any effect on the market price. If on the other hand it was a buy it goes some way to explaining how all the other recent trades have been easily absorbed . Doubt we will get to see any TR-1 submission as DKL shareholders seem able avoid issuing these . Is this because different rules apply to companies registered on AIM or in Cyprus or broker re-balancing is not applicable ???
Prospector. fair point sir. It's just that I wish we could all get the opportunity to buy at 'mates rates'. Mind you the way the price is going this afternoon we probably will....
Magnum. I think you have to agree there is a difference between UFO and RDSM/BP.
Slim. Am fully in agreement.
Prices holding well in the face of some recent sales. Today the price range quoted is quite wide. 5.28-5.12
Perhaps some of the recent sales have been newish buyers taking a quick profit ahead of news next week. Cannot think many LT holders going to sell out now ahead of news on the cashews and with CPO prices so strong.
that's 0.5m bought late yesterday.
From yesterday s opening through to this morning my brokers prices relatively stable. Its 5.17-5.20 to buy and 5.10- 5.12 for me to sell. Positive news on the cashew start-up will surely boost the price. I hope !
No criticism intended....I probably should have got out later in 2017 but held on and then averaged down throughout 2019 at between 2.5-3.5
Have managed hold off buying more since then !
Good luck.
Hi Nice. Patience is certainly needed here. I first bought into ZEN back in March 2017, and have averaged down many times since, and am still waiting ! Shares need quadruple before I get close to breaking even but I will continue hold as see no point in crystallizing a loss and the prospects always seem quite bright.
Worzel, not that you can always place too much reliance on what LSE shows as the bid and ask. If you can best idea usually obtained by getting buy/sell prices on line from your broker. As of 1400 today its 5.04 to buy and 4.94 to sell from mine.. Rgds
interesting to know what the recent raft of 300,000 trades represents. They follow on from a number of trades earlier this month for 375,000 shares and all are priced exactly at the midpoint between the 'bid and ask' pricing. Anybody any ideas ? Had earlier thought they were broker repositioning. We have seen no RNS to suggest any II or director has been involved but this could just be somebody ignoring the rules.