AZS 0.00% $3.65 azure minerals limited

padlock, I could not be more at ease knowing that since Azure...

  1. 9,132 Posts.
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    padlock, I could not be more at ease knowing that since Azure announced the Rio JV on 18 August 2014 (SP hit 4.5 cents), nothing could be better looking at the current situation.

    Give it around 2 weeks for the market to digest the information and now I will put some stats forward:
    - Since 1 September to now, 103m shares have been traded between 3.1 cents and 2.0 cents. (register is now 817m shares). Note, the trend (DOWNWARDS).
    - Azure went for a SPP at 3 cents per share and only got 1 in 6 participation (that implies limited if any significant investors)
    - Very limited, if any significant news has been released to the market to spark interest in Azure

    I apologise for my sarcasm, but you get my drift that contacting the company does little to put you at ease. It is like rubbing more salt into your wounds (it just stings more).
    Last edited by prosperity: 09/12/14
 
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