Carmat, there could be a number of reasons. One that comes to mind is that if you get offered AZS at 4c you take up more than you can afford, flick out the excess at a profit, and keep a core holding going forward.
Also, if you are a vip client of the broker you get opportunities to take up some even if you are not interested in small cap resource stocks. Just buy and flick on for a profit. The broker gets the commission and the client is happy.
It's frustrating for us and partly why I wanted the cr to be at a better (6c) price.
cosmos
AZS Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held