Reality check.
An extension to a non binding contract with falling oil prices means AZZ & more importantly James Cruikshank
Is clinging on. The buyer is in the drivers seat & I would not be surprised if the deal is at least halved or does not happen at all.
This guy needs to be taken to task. If this deal falls over he should go to jail. The share price went from 10c to 50c overnight on his announcements that are now proving to be completely false.
If he comes up with "another deal" when this falls over then surely ASIC must step in & take him out of the picture.
This company is a disgrace.
AZZ Price at posting:
50.0¢ Sentiment: Sell Disclosure: Held