Quite sad to see the sp decimated like this. Some must be really feeling it after buying in before the jorc. The compnay is way undervalued now at this price and the volume had really come back which doesn't help when the sellers keep trickling it in. Some will remember my dissappointment when Dominic took one step back from the company to become the "president" and now he retreats even further. They may have a good team in place but like it or not Dominic took AZH to 99 cents , overdone granted , but look what's happened to the sp since he has taken these steps back. Markets and pog haven't helped granted but neverthless. Some just don't like change. And who is selling? We know he had personal issues and is the selling the result of those and his stepping back from the front line? How many more can MQG soak up? 14% now , will they keep loading up to the takeover limit? I know they are planning a cr in Canada this year. Is it being driven down to accomodate the Canadians for a favourable price? That is certainly not out of the question and a distinct possibility as at $1 they would know new issue there wouldn't be much up side for some time. Too many questions and possibilities at the moment and haven't even mentioned a t/o. The last results from smarts were again great and it was only met with more selling. Frustarting indeed. Does anyone know how the jorc upgrade proceeds?
AZH Price at posting:
36.5¢ Sentiment: LT Buy Disclosure: Held
