AZY 0.00% 1.2¢ antipa minerals limited

These types of companies run up and down every other year based...

  1. 72 Posts.
    lightbulb Created with Sketch. 24
    These types of companies run up and down every other year based off whoever's lined it up to make money off. 4bn shares is a lot and they may look to reduce this at some point. I'd be surprised if this CR takes them over 4bn this time but I wouldn't be surprised if they raise around @1.2c. It would be reckless for them to hold out for a third round of drill results.

    Should clarify MrLongs questioning of NCMs intentions with their AZY holding if NCM don't participate to maintain their holding of 9.9%. A dumping of 9.9% would spice up the share price and he could end up being correct.
 
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