ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

ZOX Zincox Res.

0.45
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Zincox Res. ZOX London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.45 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.45 0.45
more quote information »

Zincox ZOX Dividends History

No dividends issued between 27 Apr 2014 and 27 Apr 2024

Top Dividend Posts

Top Posts
Posted at 11/1/2019 20:23 by loganair
The Tender Offer last year was at was @ 2.5p, the share Auctions since then have been at the folowing price:

October Auction - 2.6p
November Auction - 2.6p
December Auction - 3.0p

As can be seen the ZOX share price has been steadily increasing.
Posted at 12/8/2018 16:24 by loganair
greg - ZOX is not about to be wound up.

Like others I've put in 50% of my shares in the tender offer, however unlike many others all these shares at 2.5p I'm well in profit, by as much as 200%.


My 630 post:

When I mentioned the tender to my broker they to did not know about it and I'm still waiting for my brokers Corporate Action department to get back to me.

I have had a long chat with Zincox who say the reason for the Tender Offer is that when they spoke with share holders the share holders said that as Zincox are not doing any thing with their spare cash to return it to the share holders.

Zincox also said that if their current operations come to fruition then there is a high likelihood that they will re-list on AIM however if come to nothing then the company may disappear altogether and any remaining shares will be valued at Zero.

It seems to me what is on offer is to either take the 2.5p and run or hold out for 18 months with the possibility of a re-listing and for the small share holder getting most if not all their money back or if bought in at a low enough price to actually make a profit or for Zincox to disappear altogether and getting nothing for ones shares.
Posted at 12/8/2018 15:55 by greg the grinch
What is everyone doing regarding the offer?

I cant find many details. Is ZOX about to be wound up so take the cash or hang tight for a new venture?

Deadline tomorrow?
Posted at 26/2/2018 09:50 by loganair
One is still able to buy and sell ZOX shares via matching auction and I see in January 2018 the last price paid for ZOX shares 0.95p, double what the last LSE closing price was.

One buyer wanted 500,000 shares and Offered 0.70p and was only able to buy 40,471 shares at that price.

Overall there where nearly 10 times more ZOX shares wanted by buyers then there where shares on offer by sellers.

The current price of Zinc is $3,568 per ton.
Posted at 19/12/2016 16:56 by loganair
Spot price for Zinc now holding well above $2,700 as high at $2,753 per ton will hopefully mean that ZOX will not be required to sell down any more of their small percentage holding in the Korean Zinc Recycling plant.
Posted at 25/11/2016 10:01 by loganair
Spot price for Zinc now nearly $2,700 per ton. What could of been when it comes to ZOX, too small and under funded to with stand a short term drop in the Zinc price to $1,450 per ton.


Dominic Frisby - Today we turn our attention to a metal which often passes without notice.

It isn’t glamorous like gold or silver, nor is it rare like platinum or rhodium.

It isn’t controversial like uranium, strategic like tungsten or cobalt, nor even widely talked about like iron or copper.

But it has, quietly, had a stellar 2016. It’s currently up almost 60%.

Today we’re talking zinc…


Zinc is in short supply:

Having started 2016 at just over 70c per pound, the zinc price currently stands at $1.17 a pound.

All of the usual factors have been driving the price. Firstly, there’s a lack of supply. China is the world’s top producer, contributing some 37% of global supply last year. However, last year it shut down some 26 lead and zinc mines for environmental reasons.

In addition, Australia’s Century mine and Ireland’s Lisheen mine, which between them produced about 5% of the global supply of zinc, have shut down due to depletion. Meanwhile, Glencore Xstrata’s Perseverance and Brunswick mines also recently closed.

As the zinc supply has dwindled, so the price has risen – and there’s nothing like a rising price to bring in more buyers.

After iron, aluminium and copper, zinc is the fourth most used metal in the world. (Although be aware that in some years this title falls to titanium). Annual zinc demand stands at 13.4 million tonnes.

Per year, it is a $34bn market. To put that number in some kind of perspective, silver is about an $18bn market and platinum just $8bn. Copper meanwhile, is closer to $150bn.

What is zinc used for?

The main uses for zinc are as follows.

Galvanising: this is the most important use for zinc, accounting for about 50% of annual demand. Iron and steel are coated in zinc to prevent rust. Galvanised steel is one of the strongest construction materials there is. It’s used to make the frames of large buildings, bridges, beams, piping, roofs, staircases – you name it.

Batteries: the world’s first battery – invented by Alessandro Volta in 1799 – used zinc as an anode. Zinc is still used in all kinds of batteries, from cheap to expensive: zinc-air (such as in hearing aids); silver-zinc (used in the aerospace industry); zinc-bromine (for energy storage); and plain old alkaline batteries – such as the AAs I have in my computer’s mouse.

Solder: zinc, lead and tin alloy is used to join electrical components and pipes.

Nickel-silver: this is actually zinc, copper and nickel, and is used in keys, zips, silverware and musical instruments (brass requires zinc).

Almost half of annual zinc demand comes from China, which is still building buildings and bridges, despite its economic slowdown. And if Donald Trump’s proposed infrastructure splurge comes to fruition, you can expect US zinc demand to grow considerably in the coming years. Zinc is a beneficiary of government infrastructure spending.

How to buy zinc:

The simplest way to invest in zinc is to buy one of the zinc exchange-traded funds (ETF Securities offers a London-listed one under the convenient ticker ZINC) or to buy it via a spread bet. All the usual risk warnings apply (particularly to the spread betting).

Alternatively, you can go down the individual company route. BHP Billiton (LSE: BLT) is the world’s largest producer – although, of course, it produces many other commodities as well, so it is not a pure zinc play. I like BHP and, like zinc, it is in a strong uptrend. At 1,326p it has more than doubled from its lows of below 600p at the start of the year.

A purer play might be Griffin Mining (LSE: GFM), which owns just under 90% of an operating zinc-gold mine about 300 miles north-west of Beijing. However, while I’m mentioning the company, that does not constitute a recommendation – if you’re keen on the theme, then it’s one to do your own further research on. Otherwise I’d stick with one of the bigger players.
Posted at 24/11/2016 09:28 by etarip
Today's RNS gives hope. May ZOX fly again like Phoenix!
Posted at 20/10/2016 12:32 by alexios1201
Zox is getting cuddled
Posted at 21/9/2016 11:56 by loganair
Yesterday the zinc price touched $2,300, for what it is worth when it comes to ZOX.
Posted at 01/9/2016 17:29 by loganair
I think the management have served us PI´s very badly, very badly indeed.

A few months back they said when delisted from AIM, no problem will still be able to trade ZOX on the ISDX market, now saying this too will also no longer be the case.

Korean Zinc got the plant in Korea at a real snip, when the Zinc price was as its lowest, now the price of Zinc is nearly $900 (65%) higher then it was a little over 8 months ago when they snapped up 90% of the plant.

The way the RNS reads about the loan note being due in January, it reads as though ZOX will have to sell their remaining stake in the Zinc plant to pay it off.

I spent over a year looking a ZOX before investing, every report I read said it was a good long term investment, with all their innovative new technologies.

Your Recent History

Delayed Upgrade Clock