AZZ antares energy limited
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Guess I was wrong about AZZ falling to these prices after the...

  1. sushi1
    6,389 Posts.
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    09/12/10
    10:12
    Post #: 7587566
    Guess I was wrong about AZZ falling to these prices after the sale.

    No information about the remaining assets is hurting the share price and the opinion of the market appears to be that AZZ will blow the money as it has done in the past.

    At these prices AZZ would be wise to go to shareholders and get approval to increase the buyback to 30 or 40% of the shares outstanding or do a return of capital.

    Another company where the market applies a "cash is trash" value to the shares.



    AZZ Price at posting: 36.5¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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