AZS 2.27% 32.3¢ azure minerals limited

Takeover Time?, page-11

  1. 863 Posts.
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    Mossberg, true Drake off-loaded shares to Deutsche Balaton, however I wouldn't read too much into it. The large investors change their investment strategy from time to time, Deutsche Balaton have benefited from Drake's decision. Drake may see a better opportunity elsewhere. I don't see that this changes the fundamentals of Azure. Oposura and Alacran remain and continue to be explored and developed.


    Three directors buying shares suggests they have confidence in the company and secondly that they have no knowledge of an imminent announcement by the company.


    Yes, I am concerned by the share price, but DB and the three directors have increased their holding for a reason. The logic is that they hope to benefit from their decisions.

 
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