AZS 2.27% 32.3¢ azure minerals limited

Takeover Time?, page-17

  1. 14,265 Posts.
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    Tony Rovira justified the previous AZS share consolidation on the basis that it was a necessary step for admission to the TSX.


    Are you sure this is the reason and the only reason? I think it was probably necessary for financing. I'd remember if the consolidation was solely for TSX listing.


    Interesting that you called 14.5 expensive and heading to 11.5c and lower before much longer on 28 Dec 2018.


    It's now 17c and a lot of analysts are still at the beach. IMO.


    One context for the market for zinc is the disruption within the Chinese economy. It's an imploding mess right now.

    So you called it partly right on the zinc short term outlook, but for different reasons.


    BUT as I said earlier, the Chinese are feeling the pressure from the trade war quite intensely! It's got implications for Xi's perceived success and continuity. Deng's son is speaking out. It's very interesting time indeed.



 
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