AZZ antares energy limited

capital return the way to go

  1. 438 Posts.
    There is no point of convince the market about the story, after the deal done 1/2 capital return to existing shareholder is the way to look after shareholder interest. CEO hold large amount of share that will be his bonus. The rest will be reinvest in new opportunity.

    If you look at volume by price, there are millions accumulated at 0.51 now the accumulation ended that explained the 55c price. Then the million dump down to the reaccumulate level probably 52.5c again. Just look at the size of sell orders it s a machine ramp down trade
 
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