AZS 2.27% 32.3¢ azure minerals limited

Appointment of Advisor, page-18

  1. 1,407 Posts.
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    Define ‘medium’, ‘long term’, ‘prospects’ (revenues? shareprice?) and ‘AZS’ (current/future shareholders? mgmt?)

    Suffice to say, at some point Azure’s shareprice will have collapsed to such an extent, and current shareholders will have absorbed such a full range of calamities, that there will be a bounce

    Perhaps not a huge bounce. Its unlikely to be a sustained one either. But it will provide a fleeting opportunity for a moderately profitable trade. I do believe that.

    Won’t be soon though, imo. There’s plenty more price erosion (and probably another share consolidation) on the cards before that inflection point arrives.

    Look at the buy/sell queue. See for yourself how close we are to total capitulation. Anyone with more than a small handful of AZS shares is literally unable to offload then for ANY price. It’s a total liquidity trap.

    Drake must be laughing in retrospect at having offloaded these bad boys to the Germans for 13c lol.
 
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