Unfortunately it is not only contracts that iare needed for a company like AZG, you can have all the contracts in the world, and being a preferred contractor, but it depends how many of these contracts go ahead and what the bottom line is.
The Last annual and quarterly figures show that the company needs a large cash injection. Looking at the figures there does not seem to be a good enough profit margin, perhaps it would be a good idea to tender for less and only tender for the ones that return a decent profit for shareholders.
Profits for a company is what drives the SP not ramping.
Cheers
Snowy
AZG Price at posting:
11.0¢ Sentiment: Hold Disclosure: Not Held