Zanaga Iron Ore Share Discussion Threads

[jarega85] 16/3/2018 13:03

Pete, big boys go to Pizza Hut too

[petebarnes1] 16/3/2018 12:25

topaz i think you are spot on the big buys are coming in and the Pizza Hut brigade are out , who wins me and the big boys as i don't go to Pizza Hut .

[jarega85] 16/3/2018 12:09

Nowt wrong with Pizza Hut, went there for Valentine Day, lovely meal

[topazfrenzy] 16/3/2018 12:02

The piddly holders are balancing the books as it's Friday innit, making sure they have a few notes to take the family out to Pizza Hut for a treat lol

[topazfrenzy] 16/3/2018 11:54

you getting the munchies bullet? don't leave it too long, big news could be released at any time

[topazfrenzy] 16/3/2018 11:51

the piddly holders selling lol

shuffling their 2 grand's worth all over the place lol

big boys accumulating

[petebarnes1] 16/3/2018 11:39

nice 250k buy

[petebarnes1] 16/3/2018 10:07

i see after 5 trades ant life is being an ant again lol

[petebarnes1] 16/3/2018 10:07

morning all

[bullet ant] 16/3/2018 10:03

Not looking too good.

still watching with interests.

BA
Stealing is good

[petebarnes1] 15/3/2018 14:55

there was a 500k buy this week i agree

[topazfrenzy] 15/3/2018 14:09

the piddly holders are selling lol

[topazfrenzy] 15/3/2018 13:32

fox :)

extrader, capisco

by big boys it is the trades that sometimes pop up between 100,000 and 500,000 so
stake building stuff, there's been a few this week. While the selling is mostly piddly holdings, the couple of grand's worth.

[extrader] 15/3/2018 13:05

Hi topazfrenzy,

...when I was referring to the big boys, I meant those accumulating behind the scenes, not PIs with deep pockets only.

First, in the context of the few million shares turnover that we see on a typical day- which no doubt include the (cough !) occasional daytrader - a 'big boy' would find it hard to accumulate in the millions, especially given the limited 'free float', est. 40 million IIRC
He or she would need about 8.5 million shares just to get a declarable stake ie 3 %. There have been no 'declarable holdings RNS's.

In any event, 3 % isn't going to put anybody in the driving seat.

You'd need lots of 'big boys' buying up to that level, if you say just 3 or 4 for a 'meaningful' 9-12% stake, you have to buy up 25 to 35 million shares out of the 40 million or so free float.

The share price would go through the roof. It hasn't, so they're not. Simples.

OTOH, there is one (improbable) scenario that might play out : at least some of the believed 'sticky' shares are probably held anonymously , in the name of offshore companies.

Somebody MIGHT be building up a stake by secretly buying the shares these offshore holding companies.

But in that case, there'd be no change of ownership as far as ZIOC was aware, no buying of ZIOC shares themselves necessary and therefore no impact on share price.

Capisce ?

ATB

[1fox1] 15/3/2018 12:45

OK I'll accept that. Well done Topaz

[topazfrenzy] 15/3/2018 12:27

yes fox you're right

now please calm down and buy some more

[topazfrenzy] 15/3/2018 12:26

fission, you're filtered lol but keep fuming like a savage

[fission453] 15/3/2018 12:11

topaz is a lying kent!

[fission453] 15/3/2018 12:10

topaz is a lying kent!

[fission453] 15/3/2018 12:10

Here here 1fox1..

[topazfrenzy] 15/3/2018 11:48

And anyway, 20,000 shares would have set you back £40,000 in 2011 so just think of the bargain they are at today ... that is why only fools sell after the last update, which was terrific, the road map is set and we are riding on it as we speak.