The market is rattled as it sees the detention of the Huawei exec (who has very strong ties to the party) as jeopardising the likelihood of a trade deal
Liquidity is currently being sucked out of the markets at a rate of knots. There’s next to zero interest in mineral specs like Azure right now. Any raise in this climate would create a blood bath for holders
Speculators should be hoping for major Chinese government stimulus to save the commodity complex. If not, worsening market sentiment and political drama in Washington may conspire to make 2019 a year to forget
Azure shareholders are teetering on a precipice. I don’t know that many realise how overvalued AZS shares still remain at this point
AZS Price at posting:
15.0¢ Sentiment: None Disclosure: Not Held