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.
AZA Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held