I’m still holding and think we’ll see a modest rerate in the short term.
But as I said before, my ambitions here are modest - just wanna grab a small handful of loot (which I deserve and am entitled to) and then I’m gone.
No way I’m keeping these hombres fed and watered into the next decade.
This comment below from mgmt group at the recent GM (paraphrased by Mssr Salpiete) really captures the cultural malaise and low-energy of this outfit:
“.... Some 1600 small companies on the ASX many in the same situation as AZS - Hoping to become cash positive. Single out any of them and arguments will be somewhat similar to AZS's situation as to why it hasn't happened yet...”
They seem so content to wallow amongst the low-achiever bottom quartile of the ASX. Never in a rush, always more or less content to languish in a rut #sad
AZS Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held