And another thing - because AZZ is worth a lot more than $300m doesn't mean that that is what somebody will pay.
If the fundamentals tell me that a share is value $1 then I want to buy it for 50cts.Because there are plenty other deals out there with those odds.
The only way AZZ wld. get real value is to do much more development of the asset but the impatient people don't want that.
- Forums
- ASX - By Stock
- AZZ
- Ann: USD 300M LOI for Sale of all Permian Assets
Ann: USD 300M LOI for Sale of all Permian Assets, page-46
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online