While holders are viewing this stock from the basis of sunk cost in terms of their initial investment, I am starting to see some value in the AZL based on its current share price. If you ignore the poor performance of management to date and take into account the current US situation, this broken down horse might be in for a run. High risk given past performance but ignoring that there might be some clear sky ahead. And short of going to zero the share price can only really head in one direction. I am re-evaluating and putting my negative bias on hold for the next few months. Depending on how risk adverse holders are and forgetting that you might be 90% underwater these shares are cheap.
AZL Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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