In the scheme of things if you ain't one of 'dem der sofisticayted' investors ie 'mates' as far as most companies are concerned you are irrelevant 'scum' that are just pain in the AZZes when it comes to providing information, being treatrd as equals, or being let in on the game (how about some of that infomation ahead of time or getting your shares the same time as the big boys get ????)
AZZ was no different way back when ....when I tried to get info from them about those 'stpendous' wells up north or right now.
Rio Tinto showed how it is done so all shareholders get treated equally in a cap raising.
Elk showed the opposite of the spectrum by dumping about 4 million shares to the mates at less tha half market value.
IMO AZZ is in the middle and like the rst of ASX companies.
And as far as $A4 a share for AZZ as some have suggested, IMO they are dreaming. How about getting back to the basics: flow rates, production, money for more than 2 wells?
But now add in all the dilution and sellin to come.
AZZ Price at posting:
32.0¢ Sentiment: None Disclosure: Not Held
