AZS 0.00% $3.69 azure minerals limited

Ann: Drilling Completed at Alacran, page-27

  1. 811 Posts.
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    Waddo1, the thing with this stock and many like it is that they languish at these penny dreadful levels for extended periods of time, moving a pip or two either way but never really surging forward.

    If they ever find anything meaningful then the market reacts reasonable quickly, but not that quick that one does not miss out if its on ones watch list.

    What I mean to say is that IF AZS ever has a re-rating event then there will be plenty of time to jump on board ride to SP up and exit with a profit, missing out on a couple of pips is of no consequence.

    In the meantime, keeping your funds in the bank is currently earning about 4% (if offset against a mortgage). If you intended to invest $10k into AZS 12 months ago, but instead decided to wait for the re-rating event you would be $400 in front instead of owning $3,300 dollars worth of AZS stock.

    I doubt anyone would ever have been sorry for not investing in AZS.
 
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Currently unlisted public company.

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