AZH 0.00% 24.5¢ azimuth resources limited

Extremely hard to watch at present. I guess the sentiment of the...

  1. 193 Posts.
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    Extremely hard to watch at present. I guess the sentiment of the market is a reflection on many forces driving the price down but one thing I am bitterly disappointed with is the tardiness of the management/leadership team at AZH not delivering by deadlines for the shareholders. I am a long term holder and it pains me to see the inexperienced investors and traders jump out of this baby when there is so much potential but I am starting to lose patience with management whom I previously thought to be performing soundly. IMO (and many others) the maiden JORC is being held back to post TSX listing (to which I'm not certain is the right decision for SH as the benefit of TSX listing on ASX SP is questionable from precedence cases) but in such a volatile market where the smallest of delays or slightest of unexpected results is triggering mass selling, why are they setting themselves and us up for the short term fall by not delivering!

    Anyway...that is my grumble for the day (just had a b'day and getting old). Although long term buy and hold is my opinion for this one I can appreciate the profit takers and shorters strategy but a drop of 8% in a morning session is not what I like to see nor what the shareholders deserve. Those are the breaks though! HOLD HOLD HOLD...stop selling :)
 
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Currently unlisted public company.

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