AZS 0.00% $3.69 azure minerals limited

My original play is to sell at $3.50 having held for 12 months...

  1. 1,333 Posts.
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    My original play is to sell at $3.50 having held for 12 months to achieve the CGT discount.

    Scheme vote (Feb), which will fail, add 20 days for Takeover (Mar) - won't get me to 12 months.

    So do I not sell into the SQM Transaction?

    Will the SP drop the day after the bid expires?

    If so to what? Back to $2.80? Worse? If so how long will it take to recover to $3.50 and above?

    As I understand it you need 75% vote to de-list. ChrisGina will block that.

    How many of the non-board Top 20 are left? Will they also sell to SQM?

    So after the bid there will be limited liquidity for the rest of us and how will that impact the SP?

    Why did Annie do a cash exercise of the options in order to take the full million shares (vs Tony), just to sell them to SQM as pledged?

    What is MC's grand plan?

    Lots to consider.

    Meanwhile TA3 - prep/holes either side of the fault look to be going for headline extensions to known mineralisation, rather than taking a softly softly approach, which is also interesting and good to see:

    https://hotcopper.com.au/data/attachments/5802/5802293-14083d6ea93561399d0cf4338881c01f.jpg

    TA1 results and TA3 assays are due.

    GLTAH!

 
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