Zambezi Resources Share Discussion Threads

[tippingpoint] 07/5/2008 08:40

CR AIM market prices these at 10p, but ASX prices them at 15p. Pricing differential, let alone the fact they are probably over sold at the moment

[cockneyrebel] 07/5/2008 08:36

Why the high volume yesterday?


CR

[tippingpoint] 07/5/2008 08:05

ASX held at 32c or 14.5p so looking very undervalued here at 10p and seems to be plenty of buys coming in this morning

[tippingpoint] 06/5/2008 19:10

Thanks v m

[skyracer] 06/5/2008 19:08

I will make one confident prediction: the two lines will converge at some point in the future. If LSE:ZRL basically rises to meet ASX we make big bucks. If ASX:ZRL falls to meet LSE we make small bucks.


free stock charts from www.advfn.com

[tippingpoint] 06/5/2008 16:43

Skyracer -can you post a revised copy of your earlier chart (comparing UK and Oz prices - thx)

[scotswhaehae] 06/5/2008 13:48

...presumably the new broker is aiming to get these up to the 15-18p area ahead of any required fundraising...dyor but this looks a great opportunity both shorter and longer term

[grimbo] 06/5/2008 08:24

Well I think these are hugely undervalued - but in my experience (if the volume in OZ was low and if the volume was not based on leaked info) - these price differentials often turn out to be mirages. Having said that - one can scarcely go wrong at these prices. Its just lack of newsflow (and possibly RAB selling) hat have caused these to dive - the last announcement looked good - with hold-ups due to assays being late - but that is true of the whole mining industry.

[skyracer] 06/5/2008 08:21

Its a puzzle. All we know, from previous experience, is that the gap WILL close eventually.

[tippingpoint] 06/5/2008 08:07

Just bought another 50k . Spread doesnt matter as these wont have the same valuie as the ASX ZRL stock until they reach 14-15p, so they are going up imho

[tippingpoint] 06/5/2008 08:04

Think this will rerate today to close that abnormal gap with the asx price. Good buying volume already. Could be a quick 70% gain (or so) imho

[sitiain] 06/5/2008 07:31

not normally at all
aussie volume very poor though, it does seem strange.

[canny lass] 05/5/2008 16:18

Do stocks traded on different markets normally have such variations in price?

LSE:8.5p compared to ASX: 14p

[sitiain] 05/5/2008 13:21

not neccesarly but....
i think there a big seller here in uk.
is it RAB bailing out due to northern rock loses, who knows.
this is totally ignored, and rises like today in australia will get people looking at the company.
it is too low and wont take much to change sentiment i hope.
i think we could see this in the high teens very easily.
wish i had picked up more last week.
might be a bit tougher picking them up starting tommorow.

[canny lass] 05/5/2008 11:47

Does that mean that there will be an immediate 'mark-up' of the stock tomorrow morning?

[skyracer] 05/5/2008 08:51

Yes, I noticed that too. 14p on ASX. Suspect it will be connected to new broker.

[sitiain] 05/5/2008 08:35

trading at 14 pence in aussie today , london holiday ..
have a got this right.

[umair] 01/5/2008 17:33

Could just be old broker transferring stock to new one, but nice to see some activity here.

[aspers] 01/5/2008 16:16

A nice volume traded today, mainly buys it appears, lets hope something at last is brewing!!!

[scotswhaehae] 01/5/2008 11:40

change of broker indicates cash raising not too far away imo...

with decent news flow these could double for starters imo...

[grimbo] 30/4/2008 15:15

Cashflow is not unreasonable, grades look great. This has just been slipping on no news and investors getting bored. I also bought back in yesterday. Excellent value.

[aspers] 30/4/2008 12:26

Bought back in at 8.6p....made a big loss here a few months back after hanging on too long.....lets hope now I can recover some of my losses as the news once again starts to flow!!...good luck to you all.