Intyeresting situation for AZZ. They are expecting $150m + deposited into their account from a US land sale - theoretically this should have happened last night I think.
They said they'd start buying their stock back on confirmation of the sale.
They started their buy back yesterday but no deposit news yet.
Odds are the deals done - but the sp doesn't reflect this.
Got to jump on this news ... therefore should be a shoe in at 41.5c when at this their cap is $120m, way less than their sale and deposited funds - yet they also have drilling news on other lands expected shortly.
regards
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Intyeresting situation for AZZ. They are expecting $150m +...
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