AZS azure minerals limited

spot the pattern, page-58

  1. 6,689 Posts.
    lightbulb Created with Sketch. 226
    Is Drake going to buy more?
    Only Drake knows that.

    Is it likely that Drake will buy more?
    Yes, based on the logic that the current 5% is not large enough for their type of investing and based on their other investment in AVQ.

    Will we ever have a basic idea to what is Drake's intention?
    Yes, every 1% change in substantial holding must be notified to the ASX.

    When can we expect to know one way or the other?
    If Drake are buying more, the announcement of a change in substantial holding should come within days. If Drake are not buying more it may take a week or more to know that they are not buying in the short term.

    Would Drake be manipulating the current share price?
    No, based on their previous play on AVQ.

    If Drake are buying more, what is our best strategy?
    For the ST's - buy & sell on the announcements, for the LT's - hold.

    All IMO.




 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.