Quote Originally Posted by Beagle View Post
Analysts reckon its worth a lot more. Guru Couta1 reckons its oversold as do I. Company insiders buying on market in the last two days as well.
Gross yield of 15.5% forecast for FY21. Last time I saw something that juicy in terms of yield was HLG when it was $2.70 ! If ZEL can start paying around 50 cps per annum or slightly more in due course it is highly likely we will see a significant recovery in the SP in my opinion.
Hard to understand why the market has whacked this down by around the same percentage as the profit decline as though the reasons for that decline are permanent, when quite clearly they're not. Opportunity knocks ?
Beagle ...you back the truck up to Plexure .....if prices like Serko it would be worth about $2.50 they say ...ten bagger from current price ...better than 15% pa return from Z