Son of Gwalia makes a fascinating point, except hype is a given when it comes to Azure. One should expect the unexpected - except to the downside.
The 19.9% stake has been acquired at close to a 12 month low share price, and 95% off the initial float price.
If you truly believe in the lithium potential of Azure (notwithstanding the fact they’ve not drilled a single hole yet in this search) then you should be furious with management for selling a chunk of your company away for a rock bottom price.
Nothing to gloat about.
A lot to be horrified about really.
AZS Price at posting:
30.0¢ Sentiment: Sell Disclosure: Held