AZZ 0.00% $7.50 antares energy limited

capital raising, page-5

  1. 700 Posts.
    lightbulb Created with Sketch. 6
    Below is from Peter Stracham that was posted on AZZ Web site
    10th July .

    "This game has been played successfully by Antares, but may be less appealing to
    shareholders who must watch from the sidelines wondering when it will be their turn for
    a payday, while the company’s executives pay themselves handsomely for their sterling
    efforts. StockAnalysis believes that the next deal will aim to put Antares into a position
    where the take-out will be through a purchase of the whole company, at which point the
    shareholders will all participate.
    While Antares is able to use its shareholders funds so skilfully, an investment
    in the company can be treated as a long term bet on the skills and initiative of
    its management and also the underlying, long term fundamentals of the energy
    sector as an attractive place to invest."
 
watchlist Created with Sketch. Add AZZ (ASX) to my watchlist

Currently unlisted public company.

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