Hi s2096914 I have been following Azure in the recent few months since the last year profit.The main focus for me was the cash flow and I am satisfied at this point with the explanation on the use of cash flow for the Sedco inventory purchase.I have worked in many companies and inventories and receivables can fluctuate but the bottom line for me is the profit as a comparison to price.At this point given the EPS it is trading on a PE of 8. Also if I see significant director holdings in these small companies that gives me comfort but can not be relied on.On the product side of things I agree with your comments but they must be doing some things right given the contract they obtained recently in Canada.Sentiment wise I don't think the market is fully aware of AZV and if there were to be a broker report things may change.See how we go.
AZV Price at posting:
5.2¢ Sentiment: None Disclosure: Held