AZA anzon australia limited

Gutfeeling thanks for taking the time to post on a busy...

  1. 1,417 Posts.
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    Gutfeeling thanks for taking the time to post on a busy Saturday.
    I think the NXS merge was only really proposed to stop ARQ from getting hold of AZA and consequently a substantial holding in NXS.
    Also think if NXS cant afford AZA they would still be working behind the scenes to ensure the shares end up with an ally.
    Would love to know who the big seller is. Just dripfeeding them on to the market to control the price.
    Could AZA be controlling the SP to make a takeover premium affordable ?
    Wouldnt it be ironic if they found a buyer and the deal fell over because NXS came out with disappointing drill results and the value of the AZA shareholding in NXS reduced considerably....could happen.....Everyone expected the Basker 6 results to be positive.
 
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