I don't hold AZR anymore (used to). but I note with interest that Matich has "resigned" from his executive director position. this tends to go against what I suggested yesterday on this stock about the Matich's buying back in.
However I think it is a good thing. My guess is that he tried to sell the Cape Lambert Iron Ore project which in which him and his old man are involved in with schimezian. They tried to sell it to FXR a while ago and the stock hasn't recovered since.
I say this makes it a stronger buy that it was and I will probably get back in.
AZR
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