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Zoltav Resources – Joke valuation, joke company – stonking short

Friday 28 September 2012
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- Tom Winnifrith
I have noted before that the valuation of AIM listed investment company Zoltav Resources (LSE: ZOL) is a total joke. Results today suggest that other folks are starting to twig. I am aware that Roman Abramovich’s son is the largest shareholder so that might float your boat but this good ship is going down. The shares now trade at 3.275p, valuing Zoltav at £12.5 million. My target price was 0.5p but I am slashing that and here is why. Read the full article on ADVFN | Comments
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