MNF by my calculations are worth around the $1.95 mark. If PIE funds find another company they believe can give them quicker returns they are out. That's the way I read it.
G3xu8 is correct in saying that PIE funds brought the share price down in MNF, but it quickly followed value thereafter to be sitting where it is today.
I still believe AZV has more to play out with North America, and as it migrates to a software company looking for reoccurring revenue.
I'm happy to hold and accumulate in dips.
AZV Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held