AZA anzon australia limited

cash cow, page-6

  1. 1,013 Posts.
    I am still wondering who keeps selling at 50000 shares each order and affords such a huge loss. It doesn't look like from hedge fund. A large funding would be interested in bigger M&A like RIO/BHP and a small funding can not have so many AZA shares.

    It may be from Nexus, I think. A 19.2% holding on AZA is useless to them now and they need cash urgently.

    A big market buying order around 250,000 shares came this morning, but the continuous selling pressure kept the SP down.

    Patience will come to win at this moment.
 
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Currently unlisted public company.

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