"(Oh and the 12.4% stake in NXS is now worth $135 million
Now a divvy has to almost be a possibility if no takeover targets emerge . )"
Bello,
With all that cash in the bank, the ongoing revenues for the oil sale, plus the oil reserves and the 12.4% holding in Nexus, one has to wonder what the real price of the shares should be.
IMO, unless AZA decides to sell NXS, which I think it would be foolish of them to do so, the NXS holdings could provide someone big out there to do a first step towards a T/O for AZA first and then NXS down the track.
Buddy
AZA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held