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$3.69 azure minerals limited

You were wrong actually.

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Mattlewy13

1,110 Posts.

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18/11/23

21:32

Post #: 70980322
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Originally posted by MrLong2019: ↑

Firstly, I was right as all this investment amounts to is a capital raising. Premium is minimal so nothing worth highlighting.

Noting that in the last capital raising back in Dec 2020 investors poured $37m into this company, they should have been shown due respect and made part of this capital raise - especially with the 70% loss they suffered.

Instead Azure has chosen to ignore them.

Retail Investors should be horrified as they now own less of the company than yesterday with no tangible benefit provided.

Any rise in share price will be temporary, so that will be of no benefit.

The Bollinger Band (monthly periods) target still stands at 13 cents. Needless to say, investors will be disappointed once again in the near future.

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You were wrong actually.
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