"(explain how will a 450something mil company (AZA) bite back a 1bil company(NXS)? Please dont use the 10% something holdings AZA has in NXS shares, because thats outweighted by the 19% something holdings NXS has in AZA shares.)".
Kray, it is quite simple my friend.
AZA, contrary to NXS, has no debt and ongoing revenues at great levels may I add and, if they wish to do something I am sure that finacial institutions and banking sectors alike, would be more than willing to cooperate.
Why do you think that NXS wanted AZA in the first place my friend,?????
Simply, for the cash and the ongoing revenues to finance their drilling operations on an ongoing basis my friend, without having to go cap in hand and diluting the shareholders further.
Buddy
AZA
anzon australia limited
slowly creeping up, page-17
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