Disgraceful arrogance can come back and bite you in the butt! With confirmation of the Chesapeake deal being completed from numerous sources reporting overnight on HC, this has now made a no brainer to buying AZZ today or any other day in the near future.
Directors and management to be removed from their position if the majority of shareholders deem this to be appropriate in the business's best interests can certainly occur at any time in the future!
The possible granting of shares and options to directors can also be rejected with any upcoming meetings if AZZ management do not get the message loud and clear!
Love the commencement of the AZZ share buyback yesterday without informing the market and quietly accumulating at bargain levels. With 10% share buyback and a value of about half of cash levels, min. asset values etc.to share price it does appeal as a non emotional, money making investment for the long term visionaries that can see past the smoke and mirrors with non disclosure for other possible agenda's? As my investment grows with a rerating imminent, a satisfying smile will develop knowing that i did not let the bastards win!
DYOR
Nothing is risk free with big returns! It is about pure risk to reward ratio with worst case downside being conservative as possible.
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