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$3.69 azure minerals limited

people don't realise this bid was designed to be successful...

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Gainzmaster5000

2,243 Posts.

652

28/10/23

11:22

Post #: 70590907
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Originally posted by wingedwarrior: ↑

I'm a former AZS holder, but imo not everyone might entirely agree with that overly simplistic explanation of the reasons behind the LTR SP drop or the cap raise being cut price at all. There are other more significant factors involved including the replacement of the available Ford facility, plus the wisdom of not being caught reliant on any potential predators for final funding to get well beyond the point of production.

And as you state, just as ASZ should in fact go well past todays SP when/if it gets to MRE stage without being swallowed, LTR will do likewise when it gets to commissioning/production very soon. Good luck to holders of both!

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people don't realise this bid was designed to be successful for existing shareholders even if Gina was to intervene.

if anything it leverages the possibility of a superior offer from Gina (doubt she will though)
13 Upvote

0 Great analysis

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