AZH 0.00% 24.5¢ azimuth resources limited

macquarie now have 18%, page-8

  1. 8,598 Posts.
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    Put it this way people. You wouldn't want to get in the way if MQG decide to offload 72 odd million at market. They wouldn't be doing themselves any favours either. Even a hint of a few sales by them would send the sp lower. The only way they will get rid of a chunk like that and make a profit is to sell the whole lot in one go, they know that. IMO a t/o is definitely on the cards. Let's just hope the Chinese aren't involved.
 
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