spoke to ceo j.c. - answers, info & thoughts., page-3

I had a look at B-29 Investments (google) and it is clear why they are upset.

They are much more than an investment fund as they operate with and assist companies in the oil and gas industry.

Obviously I am not in a position to determine their relationship with AZZ but it seems fair to say that they expected more than they got. Either a long term relationship with AZZ or an involvement in the sale process.

It's a shame to see a good relationship go sour, and more a shame for the current shareholders who are suffering the low prices on their shares whereas the share price should have surged after the sale process was completed. At least we have a clue as to the reasons now.

My investment in AZZ has been made on the information which the company disclosed, but has been trumped by the material loss of an earlier supporter. This has been reported.

How could it be?

But I have said before, this will pass.