I've just bought back in. I think the riddles in the announcement means that AZG have been approached by a party (broker / investment bank) on behalf of Civmec and discussions are still at the early stage, i.e., would you sell? if so, what price?
This looks like a buy for an imminent takeout. The Group needs the funding for bigger projects and 25c+ looks a good short term return.
Buy for a Jan announcement for mine.
My views and interpretation only
AZG Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held