AZM 0.00% 3.2¢ azumah resources limited

yatchy it's the broker that purchased all the recent SPP...

  1. 881 Posts.
    lightbulb Created with Sketch. 18
    yatchy it's the broker that purchased all the recent SPP shortfall shares. They are making a tidy profit from letting the 0.015c cent build then drop the shortfall shares into the retail buyers. This will go on for months as they had a pretty big shortfall to take up when you can only dribble this into the retail side. No big fish will be interested now that the JV partner has such a large %....
    The AZM retail owners will be diluted further as we become closer to production and thats just history repeating across all junior explorers IMO.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.