Normally I would agree that the price would return down to the CR price, it often does - in this case I disagree though. If you take a look through these threads as well as the NRR threads you'll see this topic has been discussed a number of times, and there is fair argument behind why the price is unlikely to return to the CR price in this case.
As for AZV, I don't think you can really attribute what is happening in AZV today to Nathan, he is no longer involved in the business and hasn't been since 2014. Look at the performance during the time he was there though!
I think we can expect some solid news-flow in the coming weeks/months, as well as an investor roadshow that is taking place in a few weeks.
Broker Data, page-5
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Last
7.3¢ |
Change
-0.002(2.67%) |
Mkt cap ! $98.00M | |||
| Open | High | Low | Value | Volume |
| 7.6¢ | 7.6¢ | 7.1¢ | $64.81K | 889.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 118915 | 7.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.3¢ | 135194 | 1 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| ALC (ASX) Chart |