yes as i previously said in my posts its retail basic analysis comparing these names just because Chris Ellison is the common thread.
i had to chuckle when AZS holders were posting about GR being on the register of AZS is now the sell signal on market at $3.5 (i.e the takeover offer) rather than wait for the binding bid timeline and/or a revised higher price given the drill results still pending.
posters were comparing the LTR situation when GR got involved as their basis, even though LTR was completely different and as the market soon learned had a $1B shortfall in CAPEX funding. (markets dont tend to like those surprises)
well AZS is now $3.95 , retailers have been washedout at $3.5 (the net selling of commsec accounts on the broker report shows this) and now its just the grown ups fighting it out. Value of AZS at $4 only adds weight to the valuation for Wildcat.....
WC8 Price at posting:
87.0¢ Sentiment: Buy Disclosure: Held
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