the hidden message I guess is where does Standbank etc stand now that a Chinese bank are in bed with ZYL
did they walk away or did ZYL decide to go down this path? I would of thought Chinese banks could provide more attractive funding options and China is certainly keen to get a foothold in Africa too
either way its much better than a $10m+ capital raising at 8c
management need to manage the register better though, surely they can get to the bottom of this selling pressure
HWK Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held