Slightly interested bystander
Quote:
Originally Posted by
fish
Paper Tiger what is your opinion of the quality of Zeta resources investment team?
Somehow I expect their motive in buying a greater share of nzo is not to prop up the sp
which can only have a short-term effect.
With Duncan Saville in the investment team I suspect they will take a long-term approach to improve the value of nzo and all shareholders may benefit
thx
I do not know enough about ICM to give a considered opinion except to say that they are not fools and will be buying because they believe that NZO is undervalued and yes, they will be taking a long term approach.
Whether the can (or want to) extend enough influence to improve the value of NZO remains to be seen.
Best Wishes
Paper Tiger
Disc: do not hold New Zealand Oil & Gas, Zeta Resources or Utilico Investments.