buggar, page-2

the aftermath of a failed capital raising and market sentiment turning against mining stocks with commodity prices under pressure. AZS will need to secure additional funds either through the placement of the shortfall at 3c (unlikely at this stage) or a fresh Insto offer at an unknown price. It is the unknown which is depressing the share price as if the cap raise is further discounted that in itself will drive the SP lower. That said given the number of shares that will be offered it is not possible to purchase that size on market so if the view is the SP is below fair value a cap raise could easily be done higher to current levels in order to get sufficient size. It wouldn't take much for sentiment to turn around on this stock, may be time to be greedy when others are being fearful. Not much has changed in the AZS story to cause the 33% drop in share price. Bad timing to go to market with the CR but hindsight is a wonderful thing